This topic contains a solution. Click here to go to the answer
|
Author Question: If total revenue exceeds fixed cost, a firm A) is making short-run profits. B) should produce in ... (Read 66 times) |
Did you know?
Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.
Did you know?
Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.
Did you know?
More than 4.4billion prescriptions were dispensed within the United States in 2016.
Did you know?
It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.
Did you know?
The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.