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To conclude the topic, we must keep in mind that to calculate the efficient level of production of a good or service, it is calculated
To conclude the topic, we must keep in mind that to calculate the efficient level of production of a good or service, it is calculated where the marginal cost (MC) is equal to the marginal income (MR) . (Mankiw, 2014). Why is it like this? What happens when it occurs above that level? Less? Explain and analyse the above statement
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
