When a firm is maximizing profits it will necessarily be

A) maximizing profit per unit of output.
B) maximizing the difference between total revenue and total cost.
C) minimizing total cost.
D) maximizing total revenue.

Profit Maximizing

The process or strategy employed by businesses to increase their profits to the highest possible level given their resources and constraints.

Total Revenue

The income generated by a company from the sale of its goods or services before any costs or expenses are subtracted.

Total Cost

The complete cost of production which includes both fixed and variable costs.