If a firm is producing a level of output where marginal cost is equal to marginal revenue, then?

Question

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.

Emad Mohammed said abdalla · Answer

If a firm is producing a level of output where marginal cost is equal to marginal revenue, then The correct answer was: b. profit is at a minimum if marginal cost has a negative slope and marginal revenue is horizontal..

Alex Al Yazouri · Answer

b. >>>>>>>>>>>>>>>>>>>>>>>>>> profit is at a minimum if marginal cost has a negative slope and marginal revenue is horizontal.

khaled elkholy · Answer

b. profit is at a minimum if marginal cost has a negative slope and marginal revenue is horizontal. ........................

Wasi Rahman Sheikh · Answer

Right answer option <<<<<<<<<<<<<<<<

Mohammed Fathe Shaheem · Answer

b.......................................................

Utilisateur supprimé · Answer

The answer is option B

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Thanks

MUHAMMED HARIS MI · Answer

Option b is the right choice>>>>>>><<<<<<

Bello Abubakar · Answer

Agree with u Mr Emad...........................

mohamed badawy · Answer

answer b ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Ahmed kandil · Answer

B is the correct answer
Thank you

Khaled Anwar · Answer

The answer is : Option ( B )

> If a firm is producing a level of output where marginal cost is equal to marginal revenue, then?