let information be more of explanation

233.Linda is an artist who would like to open her own gallery. Currently she works at the art museum and earns $19,000 in that position. If Linda wants to earn break-even economic profit with her own gallery, she must earn enough total revenue to cover (A) Her explicit production costs only (B) Her implicit production costs and her forgone salary (C) Her variable and fixed production costs (D) Her explicit production costs and her foregone salary (E) Her sunk costs only

234.To maximize profit, a firm must produce the output where the difference between _________ and __________ is the greatest.

235.Economists typically assume that the goal of a firm is to (A) Maximize utility (B) Maximize output (C) Maximize sales (D) Maximize profit (E) Maximize revenue

236.A firm is producing the profit-maximizing level of output when (A) Total revenue equals total cost (B) Marginal product equals marginal cost (C) Marginal revenue equals price (D) Price equals average total cost (E) Marginal revenue equals marginal cost