ruthiemorton71 ruthiemorton71

16-02-2020
Business

contestada

what is the product level that will maximize the profit for the firm?

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amiyahkelley87 amiyahkelley87

16-02-2020

Answer:

If the profit is maximized, then the marginal revenue equals the marginal cost.) ... Here we have to find the production level that will maximize the profit. For maximum profit, the marginal cost should be equal to the marginal revenue.

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