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Home Q & A Board Other Fields Homework Help Business Economics
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nguyenduong67 nguyenduong67
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6 years ago
If your firm is producing a good at a level where marginal revenue equals marginal cost, and price is greater than average total cost, your firm
A) should decrease output.
B) should increase output
C) is earning an economic profit greater than zero.
D) should shut down and suffer a loss equal to your fixed costs.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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