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Satsume Satsume
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6 years ago
A firm maximizes profit by operating at the level of output where
A) average revenue equals average cost.
B) average revenue equals average variable cost.
C) total costs are minimized.
D) marginal revenue equals marginal cost.
E) marginal revenue exceeds marginal cost by the greatest amount.
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Microeconomics

Microeconomics


Edition: 8th
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Bart_argBart_arg
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