Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: After selling 1,000 three-ring binders Tony DiFulvio realizes that the marginal revenue from selling
Post by: Tidy on Jun 21, 2015
After selling 1,000 three-ring binders Tony DiFulvio realizes that the marginal revenue from selling the last binder was less than the marginal cost. From this we can conclude that
A) Tony's business earns a short-run economic profit.
B) Tony should shut down his business temporarily.
C) Tony's profit fell after selling his 1,000th three-ring binder.
D) Tony's profit would be greater if he sold an additional three-ring binder.


Title: Re: After selling 1,000 three-ring binders Tony DiFulvio realizes that the marginal revenue from sel
Post by: VincenzoD on Jul 20, 2015
Content hidden