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A Profit-Maximizing Firm Will Only Produce a Positive Amount of Output

Question 152

Multiple Choice

A profit-maximizing firm will only produce a positive amount of output if:


A) its total revenue is greater than its total cost.
B) its total revenue is greater than its fixed cost.
C) its total revenue equals its total cost.
D) its total revenue is greater than or equal to its variable cost.

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