Total Revenue Decreases as Output Increases Whenever

question 43

Multiple Choice

Total revenue decreases as output increases whenever:

• A) marginal revenue is less than average revenue.
• B) marginal revenue is greater than average revenue.
• C) average revenue is decreasing.
• D) marginal revenue is negative.
• E) average revenue is negative.

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Definitions:

Composition Errors

Mistakes made during the process of creating or putting together something, often referring to writing, that can involve grammatical, structural, or factual inaccuracies.

Modified Block

A format for business or official letters where the text is aligned to the left margin, with the exception of the date and closing, which are tabbed to the center point.

Dateline

A line at the beginning of a news article that provides the date and place of origin of the news report.

Typed Signature

A digital or electronic representation of a person's handwritten signature.