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AndrewKraus AndrewKraus
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6 years ago
If price is greater than the average variable cost, a profit-maximizing firm should:
A) contract production until price is equal to marginal cost.
B) expand production until price is equal to marginal cost.
C) contract production until total revenue is equal to total cost.
D) expand production until total revenue is equal to total cost.
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Microeconomics

Microeconomics


Edition: 1st
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losteinlostein
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AndrewKraus Author
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#2
6 years ago
This helps with my assignment big time
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