At a given level of output the, price = marginal cost condition is met but the marginal

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At a given level of output the, ‘price = marginal cost’ condition is met but the marginal cost is decreasing in output. Why is not profit maximised at this level of output?

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Microeconomics For Business

ISBN: 391081

1st Edition

Authors: Das, S. P.(Author)

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Question Posted: Oct 31, 2024 09:02 AM

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At a given level of output the, price = marginal cost condition is met but the marginal

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Microeconomics For Business

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