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Charlene sells cotton candy. The cotton candy industry is competitive. Charlene hires a business consultant to analyze her company's financial...
Charlene sells cotton candy. The cotton candy industry is competitive. Charlene hires a business consultant to analyze her company's financial records. Which one of the following option for Charlene to increase her production?
Select one:
a. Total revenues exceed her total accounting costs.
b. Marginal revenue exceeds her total cost.
c. Marginal cost exceeds her marginal revenue.
d. Marginal revenue exceeds her marginal cost.