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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
Author:
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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
Brilliant ツ
dedricgard
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Yesterday
You make an excellent tutor!
veronee_madison
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2 hours ago
Thanks for your help!!
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