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In the theory of the firm, profit is maximized at a rate of production at which Economic profit is zero Price is highest Marginal revenue
In the theory of the firm, profit is maximized at a rate of production at which
Economic profit is zero
Price is highest
Marginal revenue equals marginal cost
Marginal cost is at its lowest point
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A Textbook Of Mathematical Economics
Authors: Dr Chandrakant Singh
1st Edition
9353140986, 9789353140984
