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Author Question: If revenues are greater than total variable costs of production but less than total costs, a firm (Read 154 times)

biggirl4568

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on: Apr 19, 2019

Question 1

If total revenue exceeds the total cost of production, a firm


◦ earns a profit.
◦ suffers a loss.
◦ breaks even.
◦ shuts down.

Question 2

If revenues are greater than total variable costs of production but less than total costs, a firm


◦ earns a profit.
◦ suffers a loss.
◦ breaks even.
◦ shuts down.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by biggirl4568 on Apr 19, 2019

ttt030911

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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biggirl4568

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Reply #2 on: Apr 19, 2019
TY


ttt030911

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Reply #3 on: Apr 19, 2019
You're welcome


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