______________________ refers to the additional revenue gained from selling one more unit.
A. Marginal revenue
B. Total revenue
C. Economic profit
D. Accounting profit
Answer:A
______________________ refers to the additional revenue gained from selling one more unit.
A. Marginal revenue B. Total revenue C. Economic profit D. Accounting profit
Explanation: 3. If a firm’s revenues do not cover its average variable costs, then that firm has reached its _________________ .