Marginal costs reveal the lowest price at which a product can be sold during a trade depression,
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Marginal costs reveal the lowest price at which a product can be sold during a trade depression, but they also reveal to management the most profitable lines during a period of intense trade activity. Explain, with examples, the second part of this statement.
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The second part of the statement suggests that during a period of intense trade activity understanding and analyzing marginal costs can help managemen...View the full answer
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