Explain why the rule MR=MC defines profit maximization.

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Managerial Economics Markets and the Firm

ISBN: 978-0618988624

2nd edition

Authors: William Boyes

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Question Posted: Sep 27, 2014 06:14 AM

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Explain why the rule MR=MC defines profit maximization.

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The goal of the firm is to add value Profits are maximized when the greates...View the full answer

Managerial Economics Markets and the Firm

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