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Explain the concept of marginal principle and how this principle is used to determine profit maximising price and output (relating to economic principles and elasticity
Explain the concept of marginal principle and how this principle is used to determine profit maximising price and output (relating to economic principles and elasticity of demand)
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
