preacher3777 preacher3777
  • 12-12-2018
  • History
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Profits are maximized when marginal revenue and marginal costs are

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khimauseout674 khimauseout674
  • 13-12-2018

Firms will produce up until the point that marginal cost equals marginal revenue. ... This is the case because the firm will continue to produce until marginal profit is equal to zero, and marginal profit equals the marginal revenue (MR) minus the marginal cost (MC

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