New Year Sale Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

Which ONE of the following statements does NOT describe a position of profit maximization?

CIMA BA1 Full Course Access
CIMA BA1 View All Questions

Which ONE of the following statements does NOT describe a position of profit maximization?

A.

MC=MR

B.

Price elasticity of demand is less than 1

C.

Point of greatest excess of total revenue over total costs

D.

Total cost curve has the same slope as the total revenue curve

BA1 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now BA1 pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
All of the following would be motives for a horizontal merger except one.
All of the following are examples of externalities except which one?
Previous