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The Rate of Production That Maximizes the Positive Difference Between

Question 41

Multiple Choice

The rate of production that maximizes the positive difference between total revenues and total costs is the


A) profit-maximizing rate of production.
B) rate of production at which marginal revenue equals marginal product.
C) rate of production at which marginal revenue equals average revenue.
D) rate of production at which average revenue equals average total cost.

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