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diagram above. In this instance, point e shown on the graph indicates Question 18 options: a) the point where profits will increase by increasing output
diagram above. In this instance, point e shown on the graph indicates Question 18 options: a) the point where profits will increase by increasing output b) the point where profits will increase by reducing output c) the profit-maximizing point where MR is less an MC d) the profit-maximizing point where MR = MC
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