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kirill115 [55]
2 years ago
7

STEP 3 Briefly describe what the profit maximisation rule ​

Social Studies
2 answers:
Oduvanchick [21]2 years ago
5 0

The Profit Maximization Rule states that if a firm chooses to maximize its profits, it must choose that level of output where Marginal Cost (MC) is equal to Marginal Revenue (MR) and the Marginal Cost curve is rising.

kenny6666 [7]2 years ago
5 0
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