A. total revenue equals total cost
B. total exceeds total revenue
C. total revenue exceeds total cost
D. average cost equals total revenue
Correct Answer: Option C
C. total revenue exceeds total cost
A. total revenue equals total cost
B. total exceeds total revenue
C. total revenue exceeds total cost
D. average cost equals total revenue
Correct Answer: Option C
C. total revenue exceeds total cost
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