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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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6 years ago
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Retnec Author
wrote...

6 years ago
Smart ... Thanks!
bioc
wrote...

Yesterday
Thank you, thank you, thank you!
Alina01978
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2 hours ago
Helped a lot
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