365Homework.com
Forgot your password?
Home Get Tutoring Get Paid Help Desk Create Account
Question from captain

$1.00

Title: When marginal revenue equals marginal cost, the firm

Question Details
Q:

When marginal revenue equals marginal cost, the firm

           a.   should increase the level of production to maximize its profit.

           b.   may be minimizing its losses, rather than maximizing its profit.

           c.    must be generating economic profits.

           d.   must be generating economic losses.


You are not able to submit tutorial for this question.
Available Tutorials to this Question

Title: When marginal revenue equals marginal cost, the firm

    • This tutorial hasn't been purchased yet

    • Posted Date: Apr 27, 2012 at 9:30:47 PM

    • The full tutorial is about words long

 
A:
...sp;        a.   should increase the level of production to maximize it...
Current date and local time on this server is 09-23-2017 (Sat) 5:57:17 PM (CST)
Notification !
Dear User,
We are updating our website and systems.
If you have some errors, problem, payment request or other questions,
please contact us with our new Customer Support System.

Click & Go to Support Center