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At the optimum short-run level of output, the firm will be

Question:

At the optimum short-run level of output, the firm will be

A.

Maximizing total profit

B.

Minimizing total losses

C.

Either maximizing total profit or minimizing total losses

D.

Maximizing profit per unit

Answer» c. Either maximizing total profit or minimizing total losses

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