If Total Revenue Is Increasing as Output Is Rising,then

question 18

Multiple Choice

If total revenue is increasing as output is rising,then

• A)marginal revenue must be equal to zero.
• B)marginal revenue must be greater than zero.
• C)marginal revenue must be less than zero.
• D)price must be increasing.
• E)price must be constant.

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Definitions:

Appraised Value

An estimation of the value of property, typically real estate, as determined by a professional appraiser based on market conditions and property characteristics.

Equity Income

Income that comes from stock dividends or the sale of shares, reflecting earnings from investment in equity securities.

Straight-Line Basis

An accounting method used for calculating depreciation by evenly dividing an asset's value over its expected lifespan.