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Use the Following to Answer Question(s)

Question 164

Multiple Choice

Use the following to answer question(s) :
Exhibit: Total Revenue, Total Cost, and Economic Profit
Use the following to answer question(s) :  Exhibit: Total Revenue, Total Cost, and Economic Profit    -(Exhibit: Total Revenue, Total Costs, and Economic Profit)  Which of the following is true? A)  As output increases the slope of the total revenue curve does not change. B)  The total cost curve becomes steeper and steeper as output increases from 0 to 10,000 pounds of output. C)  Total revenue and total cost curves never have the same slope. D)  None of the above is true.
-(Exhibit: Total Revenue, Total Costs, and Economic Profit) Which of the following is true?


A) As output increases the slope of the total revenue curve does not change.
B) The total cost curve becomes steeper and steeper as output increases from 0 to 10,000 pounds of output.
C) Total revenue and total cost curves never have the same slope.
D) None of the above is true.

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