Top Posters
Since Sunday
A
6
j
6
c
5
m
5
C
5
d
5
s
5
n
4
i
4
d
4
d
4
J
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Phydeaux Phydeaux
wrote...
Go to Answer
Posts: 541
Rep: 0 0
6 years ago
If a profit-maximizing business in a perfectly competitive market has economic profits, then it must be producing a quantity of output where
A) price is greater than marginal cost.
B) price is greater than marginal revenue.
C) marginal cost is greater than marginal revenue.
D) marginal cost is greater than average total cost.
E) average total cost is greater than marginal cost.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
Read 67 times
1 Reply
Replies
Answer verified by a subject expert
holymanholyman
wrote...
#1
Top Poster
Posts: 803
Rep: 21 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Phydeaux Author
wrote...

6 years ago
Helped a lot
jodie1
wrote...

Yesterday
Correct Slight Smile TY
Evolution
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  905 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 257
  
 320
  
 108
Your Opinion
Do you believe in global warming?
Votes: 422
Previous poll results: What's your favorite math subject?