Introduction to Economics 1 Deneme Sınavı Sorusu #1394929

Which of the following defines the optimum condition for a profit mazimizing firm?


TR=P

TR=MC

TR=MC

MR=MC

TR=AC


Yanıt Açıklaması:

More formally, if a firm is producing, the firm’s profit will be maximized when marginal revenue and marginal cost are equalized or marginal profit is equal to zero.

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