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Total profits are maximized where

Question:

Total profits are maximized where

A.

TR equals TC

B.

the TR curve and the TC curve are parallel

C.

the TR curve and the TC curve are parallel and TC exceeds TR

D.

the TR curve and the TC curve are parallel and TR exceeds TC.

Answer» d. the TR curve and the TC curve are parallel and TR exceeds TC.

Note: The above multiple-choice question is for all general and Competitive Exams in India