Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 2

In maximizing profits at 9 units of output, this firm is adhering to which of the following decision rules
a. Produce where MR exceeds MC by the greatest amount.
b. Produce where P exceeds ATC by the greatest amount.
c. Produce where total revenue exceeds total cost by the greatest amount.
d. Produce where average fixed costs are zero.