menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
  5. Question
    A Firm Should Keep Producing Output as Long as the Marginal
Solved

A Firm Should Keep Producing Output as Long as the Marginal

Question 205

Question 205

True/False

A firm should keep producing output as long as the marginal profit is greater than zero, no matter how small it is.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q200: A firm's total revenue is simply the

Q201: Anna is a tax accountant and she

Q202: Figure 8-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 8-1

Q203: According to the text, when management selects

Q204: Profit can be maximized only where marginal

Q206: Ski resorts have begun to offer activities

Q208: Sally leaves her $24,000 secretarial position with

Q209: Economists use a model that is a

Q210: A firm's average fixed cost<br>A)does not vary

Q227: The typical total profit graphical presentation is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines