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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: A firm maximizes its profit by producing the amount of output such that
Post by: Loraine on Jun 21, 2015
A firm maximizes its profit by producing the amount of output such that
A) marginal revenue equals marginal cost.
B) marginal revenue exceeds marginal cost by some amount.
C) marginal revenue is maximized.
D) marginal cost is minimized.
E) marginal revenue exceeds marginal cost by the maximum amount possible.


Title: Re: A firm maximizes its profit by producing the amount of output such that
Post by: Smoooth on Jul 28, 2015
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Title: Re: A firm maximizes its profit by producing the amount of output such that
Post by: Smoooth on Aug 31, 2015
No problemo :-]