Managerial Economics Christopher Thomas 13th Edition- Test Bank
To Purchase this Complete Test Bank with Answers Click the link Below https://tbzuiqe.com/product/managerial-economics-christopher-thomas-13th-edition-test-bank/ If face any problem or Further information contact us At tbzuiqe@gmail.com Sample Test Chapter 3:MARGINAL ANALYSIS FOR OPTIMAL DECISIONS Multiple Choice 3-1 A firm will maximize profit by producing that level of output at which 1. the additional revenue from the last unit sold exceeds the additional cost of the last unit by the largest amount. 2. the additional revenue from the last unit sold equals the additional cost of the last unit. 3. total revenue exceeds total cost by the largest amount. 4. total revenue equals total cost. 5. both b and c Answer: e Difficulty: 02 Medium Topic: Concepts and Terminology AACSB: Re...