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Author Question: Profit per unit can be assessed by measuring the vertical distance between the (Read 34 times)

magmichele12

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on: May 25, 2020

Question 1

If marginal cost is currently above marginal revenue then profit can be increased by
◦ raising price.
◦ increasing output.
◦ lowering output.
◦ none of the above.

Question 2

Profit per unit can be assessed by measuring the vertical distance between the
◦ marginal cost and marginal revenue curves.
◦ total fixed cost and total revenue curves.
◦ average cost and average revenue curves.
◦ total cost and average revenue curves.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by magmichele12 on May 25, 2020

samiel-sayed

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Reply #1 on: May 25, 2020
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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magmichele12

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

amandanbreshears

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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