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GM has a larger profit-maximizing rate of output because they have a larger facility. But it looks like Ventac had a golden opportunity at that
GM has a larger profit-maximizing rate of output because they have a larger facility. But it looks like Ventac had a golden opportunity at that moment.Why didn't they bring on more workers and expand their plant to satisfy this skyrocketing demand for their product?Think beyond the costs of building the plant.What happens to profit when a company is producing more than the profit-maximizing rate of output?
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