Figure 8-3 -A Company Draws Its Total Cost Curve and Total Revenue

Multiple Choice

Figure 8-3
-A company draws its total cost curve and total revenue curve on the same graph.If the firm wishes to maximize profits, it will select the output at which the

A) vertical distance between the two curves is greatest.
B) total cost curve cuts the total revenue curve.
C) horizontal distance between the two curves is greatest.
D) slope of the total revenue curve is greatest.