If Marginal Profit Is Zero, Then Average Profit Is at a Maximum

question 76

True/False

If marginal profit is zero, then average profit is at a maximum.

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Definitions:

Sweater

A knitted garment typically made of wool, cotton, or synthetic yarn, worn over the upper body to provide warmth.

0.51%

A percentage, typically representing an interest rate, dividend yield, or other financial ratio indicating a small change or amount.

Sum of Money

An amount of money expressed as a total figure, without specifying denominations or breakdown.

Increased

A term that signifies a rise in quantity or quality, often used in financial and statistical contexts.