The Firm Will Make the Most Profits If It Produces

question 158

Multiple Choice

The firm will make the most profits if it produces the quantity of output at which

• A)marginal cost equals average cost.
• B)profit per unit is greatest.
• C)marginal revenue equals total revenue.
• D)marginal revenue equals marginal cost.

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Definitions:

Pointers

Variables that store memory addresses, typically of another variable.

Members of Structures

Variables defined within a struct in C/C++, which can represent different data types and are used to store related data under a single name.

Dot Operator

A symbol used in programming languages like C++ and Python for accessing attributes or methods of an object.

Indirection Operator

In programming, specifically C and C++, it is the asterisk (*) used to dereference a pointer, giving access to the value stored at the pointer's address.