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Satsume Satsume
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6 years ago
If current output is less than the profit-maximizing output, which must be true?
A) Total revenue is less than total cost.
B) Average revenue is less than average cost.
C) Average revenue is greater than average cost.
D) Marginal revenue is less than marginal cost.
E) Marginal revenue is greater than marginal cost.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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boransalboransal
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#1
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6 years ago
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Satsume Author
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6 years ago
Just got PERFECT on my quiz
larrybrads
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Yesterday
Thank you, thank you, thank you!
Gorgio_De
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2 hours ago
Good timing, thanks!
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