Multiple Choice
In order to maximize profits
A) the derivative of total revenue with respect to quantity must be less than the derivative of total cost with respect to quantity.
B) the derivative of total revenue with respect to quantity must be greater than the derivative of total cost with respect to quantity.
C) the derivative of total revenue with respect to quantity must equal the derivative of total cost with respect to quantity.
D) none of these choices.
Correct Answer:
Verified
Correct Answer:
Verified
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