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Mairoon Mairoon
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6 years ago
If marginal revenue equals marginal cost, the firm is maximizing profits as long as
A) the resulting profits are positive.
B) marginal cost exceeds marginal revenue for greater levels of output.
C) the average cost curve lies above the demand curve.
D) All of the above are required.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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#1
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6 years ago
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Mairoon Author
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6 years ago
Thanks
choih94
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You make an excellent tutor!
Butwhy
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2 hours ago
Thanks for your help!!
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