The point with the largest vertical distance between the total revenue and total costs represents the point at which:

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02-01-2020
Business

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The point with the largest vertical distance between the total revenue and total costs represents the point at which:

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ahmedgodtrust ahmedgodtrust · Answer 1 · 2020-01-05T21:19:57+01:00

Answer:

The point with the largest vertical distance between the total revenue and total costs represents the point at which production is maximized and profit is maximized

Explanation:

Profit refers to the vertical distance between the total revenue and total cost. The largest vertical distance between the total revenue and total cost is the point at which production and profit are maximized.