shelbymrutledge5971 shelbymrutledge5971

21-01-2020
Business

contestada

Which of the following is FALSE?
a. Average cost is total cost per unit of production
b. Produce where MR=AC
c. Increase production if MR>MC
d. Produce where MR=MC

Respuesta :

shahzaibnaeem37 shahzaibnaeem37

21-01-2020

Answer:

b. Produce where MR=AC

Explanation:

b. Produce where MR=AC

This statement is wrong because for profit maximization the firm should produce when MR=MC, by producing at MR=AC the firm is not maximizing its profits.

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