Figure 8.2 -Refer to Figure 8.2.What Happens If the Firm Produces More

question 251

Multiple Choice

Figure 8.2
-Refer to Figure 8.2.What happens if the firm produces more than Q₄ units?

• A)Its profit increases.
• B)It incurs a loss.
• C)Its total revenue is increasing faster than its total cost.
• D)It could make a profit or a loss depending on what happens to demand.

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