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Home Q & A Board Other Fields Homework Help Business Economics
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Retnec Retnec
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6 years ago
A firm will maximize its profit (or minimize it's loss) if it produces the level of output at which
A) marginal revenue exceeds marginal cost by the greatest amount.
B) marginal cost exceeds marginal revenue by the greatest amount.
C) total costs are minimized.
D) marginal revenue is equal to marginal cost.
E) marginal cost is minimized.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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#1
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Retnec Author
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6 years ago
Smart ... Thanks!
paulinaibarra98
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Yesterday
This site is awesome
novae
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2 hours ago
Thanks
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