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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If total revenue exceeds fixed cost, a firm
A) should produce in the short run.
B) has covered its variable cost.
C) is making short-run profits.
D) may or may not produce in the short run, depending on whether total revenue covers variable cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 431 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
wrote...
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Posts: 3807
8 years ago
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wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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