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a. profit is at a maximum if marginal cost has a negative slope and marginal revenue is horizontal.
b. profit is at a minimum if marginal cost has a negative slope and marginal revenue is horizontal.
c. profit is at a maximum if average revenue is greater than average cost.
d. profit is at a minimum if average revenue is greater than average cost.
b. >>>>>>>>>>>>>>>>>>>>>>>>>> profit is at a minimum if marginal cost has a negative slope and marginal revenue is horizontal.
b. profit is at a minimum if marginal cost has a negative slope and marginal revenue is horizontal. ........................
Right answer option <<<<<<<<<<<<<<<<<B
b.......................................................
The answer is option B
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Thanks
Agree with u Mr Emad...........................
answer b ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
The answer is : Option ( B )