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In the Short Run,if a Firm's Total Variable Cost Curve

Question 53

Multiple Choice

In the short run,if a firm's total variable cost curve lies everywhere above its total revenue curve,the firm should produce


A) the output level that minimizes average total cost
B) the output level that minimizes average variable cost
C) the output level that minimizes the distance between marginal cost and marginal revenue
D) the output level that maximizes the distance between marginal cost and marginal revenue
E) no output

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