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Masja [62]
4 years ago
13

A firm could continue to operate for years without ever earning a profit as long as it is producing an output where

Business
1 answer:
Assoli18 [71]4 years ago
5 0

A firm could continue to operate for years without ever earning a profit as long as it is producing an output where

<span> B. MR >AVC</span>

<span>MR stands for marginal revenue which is the sale price of a single item sold. On the other hand, AVC or the average variable cost is the firm’s variable costs divided by its output that is produced.</span>

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