A firm can increase its profit by producing another unit of output when a. total revenue

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A firm can increase its profit by producing another unit of output when

a. total revenue is more than total cost.

b. total revenue is less than total cost.

c. total revenue is equal to total cost.

d. marginal revenue is more than marginal cost.

e. marginal revenue is less than marginal cost.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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