If the Marginal Cost and Marginal Revenue Curves Intersect at Two

question 64

Multiple Choice

If the marginal cost and marginal revenue curves intersect at two different points,then maximum profit occurs at

• A)the output level where the MC curve crosses the MR curve from below
• B)the output level where the MC curve crosses the MR curve from above
• C)both points
• D)an output level between the two points
• E)an output level beyond the second point

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Market Pay Policy

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