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Economics A Level (DONEEEEEEE)
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Pregunta:
What is the Profit Maximising Point? Explain using MR and MC
Autor: eric_galvaoRespuesta:
-When MR > MC then the Firm should Keep Producing More. The Revenue made is Greater than the Cost of Production -When MR < MC then the Firm should Decrease Production. The opposite Occurs -MC = MR is the Profit Max Output.
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eric_galvao