Ask a New Question
Menu

Can it ever be wise to produce even if total cost exceeds total revenue?

2 answers

You could have "personal" reasons. However, economically speaking, no.

Sra
It might be wise if you were introducing a new product and wanted to attract attention to it. Obviously you can't do this for very long.
Similar Questions
  1. consider total cost and total revenue given in the table bellow:quantity total cost total revenue 0 $8 0 1 $9 8 2 $10 16 3 $11
    1. answers icon 2 answers
  2. . Consider total cost and total revenue given in the table below:QUANTITY 0 1 2 3 4 5 6 7 Total cost $8 $9 $10 $11 $13 $19 $27
    1. answers icon 4 answers
  3. 6. Consider total cost and total revenue given in the table below:QUANTITY 0 1 2 3 4 5 6 7 Total cost $8 $9 $10 $11 $13 $19 $27
    1. answers icon 1 answer
  4. 6. Consider total cost and total revenue given in the table below:QUANTITY 0 1 2 3 4 5 6 7 Total cost $8 $9 $10 $11 $13 $19 $27
    1. answers icon 0 answers
more similar questions