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Economics

If a firm is able to cover its variable costs by operating in the short run then, at its best output level, the______.

a. marginal revenue is equal to marginal cost

b. vertical distance between MR and MC is maximized

c. vertical distance between TR and TC is minimized

d. marginal cost curve lies above the marginal revenue curve

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91673349

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