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In the short run, a business firm will maximize profit at the level of production where Multiple Choice O Marginal revenue is equal to marginal
In the short run, a business firm will maximize profit at the level of production where Multiple Choice O Marginal revenue is equal to marginal cost. O Total revenue is maximized. O Marginal revenue is zero. O Average total costs are minimized
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
