Before-tax incomes are a better measure of income as compared to ...

[nautica902]

Before-tax incomes are a better measure of income as compared to after-tax incomes.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Graphically, a firm's total revenue is represented by the:
 a. triangle formed under the demand curve.
  b. rectangle formed under the demand curve at a given price and quantity combination.
  c. rectangle formed under the average-total-cost curve at a given ATC and quantity combination.
  d. triangle formed by a line segment between the demand and average-total-cost curves at any level of output.
  e. triangle formed by a line segment between the horizontal axis and the average-total-cost curves at any level of output.

[atrochim]

Answer to Question 1

False

Answer to Question 2

b

[nautica902]

Thanks for the timely response, appreciate it

[kishoreddi]

Great answer, keep it coming