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    Microeconomics Principles
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    Exam 8: How Firms Make Decisions: Profit Maximization
  5. Question
    If a Firm's Total Cost Rises as Output Rises,then
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If a Firm's Total Cost Rises as Output Rises,then

Question 32

Question 32

Multiple Choice

If a firm's total cost rises as output rises,then


A) marginal cost is positive
B) profit cannot be maximized
C) total cost is minimized
D) marginal cost equals marginal revenue
E) the firm should shut down in the short run

Correct Answer:

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