A popular resort restaurant will maximize profits if it chooses to stay open during the less-crowded off season when its total revenues exceed its variable costs.

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Kruti Mittal · Accepted Answer

Final Answer : True, Explanation :  Staying open during the off-season can be profitable if the revenues exceed variable costs, as it means the business is covering its variable expenses and contributing to fixed costs, potentially leading to overall profit maximization.

A popular resort restaurant will maximize profits if it chooses to stay open during the less-crowded "off season" when its total revenues exceed its variable costs.

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