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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
  5. Question
    If Revenues Exceed ________, Profit Is ________
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If Revenues Exceed ________, Profit Is ________

Question 103

Question 103

Multiple Choice

If revenues exceed ________, profit is ________.


A) total cost; negative
B) fixed cost; positive
C) variable cost; negative
D) total cost; positive

Correct Answer:

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