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Business, 21.11.2019 22:31 Arianahinton9856

Comparing marginal revenue to marginal cost
(i) reveals the contribution of the last unit of production to total profit.
(ii) is in making profit-maximizing production decisions.
(iii) tells a firm whether its fixed costs are too high.

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Comparing marginal revenue to marginal cost
(i) reveals the contribution of the last unit of...
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