Afirm could continue to operate for years without ever earning a profit as long as it is producing an output where a. atc > avc. b. mr > avc. c. mr < atc. d. afc < avc

A firm could continue to operate for years without ever earning a profit as long as it is producing an output where

 B. MR >AVC

MR stands for marginal revenue which is the sale price of a single item sold. On the other hand, AVC or the average variable cost is the firm’s variable costs divided by its output that is produced.

Can you take a photo so i can see the table

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan