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Management · Q195

Managerial Economics

Graduate and Post Graduate · Management · question 195

Q195

Generally the profits are maximised in the short run at the point at which

A.
Marginal cost of production is equal to the marginal return
Answer
B.
Marginal return is zero
C.
Marginal return is negative
D.
Marginal cost is zero

Answer: Option A

Solution

Answer: Option A
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