Multiple Choice
A carpenter maker currently produces 50 cabinets per week and sells them for a profit. She is considering expanding her operation in order to make more cabinets. Should she expand?
A) Yes, because making cabinets is profitable.
B) No, because she may not be able to sell the additional cabinets.
C) It depends on the marginal cost of producing more cabinets and the marginal revenue she will earn from selling more cabinets.
D) It depends on the average cost of producing more cabinets and the average revenue she will earn from selling more cabinets.
Correct Answer:
Verified
Correct Answer:
Verified
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