How does a manufacturer set his or her total output to maximize profit?
a determine where mar...
Social Studies, 06.12.2019 11:31 munchyswish
How does a manufacturer set his or her total output to maximize profit?
a determine where marginal revenue and profit are the same
b determine the largest gap between total revenue and total cost
c setproduction so that total revenue plus costs is greatest
d set production at the point where marginal revenue is smallest
Answers: 1
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