1. When the TR and TC curves have the same slope, a. they are the furthest from each other. b. they are closest to each other. c. they intersect each other. d. profit is zero.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter22: Supply: The Costs Of Doing Business
Section: Chapter Questions
Problem 3E
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1. When the TR and TC curves have the same slope,
a. they are the furthest from each other.
b. they are closest to each other.
c. they intersect each other.
d. profit is zero.
Transcribed Image Text:1. When the TR and TC curves have the same slope, a. they are the furthest from each other. b. they are closest to each other. c. they intersect each other. d. profit is zero.
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