A. price = average cost = marginal cost
B. price = average cost = total cost
C. price = marginal cost = total cost
D. Total revenue = Total variable cost
Correct Answer: price = average cost = marginal cost ✔
Last Updated: June 11, 2019
A. price = average cost = marginal cost
B. price = average cost = total cost
C. price = marginal cost = total cost
D. Total revenue = Total variable cost
Correct Answer: price = average cost = marginal cost ✔
Last Updated: June 11, 2019