At the​ profit-maximizing level of​ output, what is the relationship between the total revenue​ (TR) and total cost​ (TC) curves? A. They cannot be tangent to each other. B. They must have the same slope. C. They must​ intersect, with TC cutting TR from above. D. They must​ intersect, with TC cutting TR from below. E. They must be tangent to each other.

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is