An entrepreneur is likely to make more profits when
...An entrepreneur is likely to make more profits when
Expenditure is more than revenue
Competitors charge lower prices
Costs per unit output falls
Quantity of output reduces
Correct answer is C
No explanation has been provided for this answer.
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\(\begin{array}{c|c} \text{Output(kg)} & 240 & 450 & 580 & 630 \\ \hline \text{MR...
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