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yanalaym [24]
1 year ago
12

alberto sells his firewood in a competitive market. at a price of $140 per load, the total cost at alberto's profit-maximizing o

utput is:
Business
1 answer:
Nat2105 [25]1 year ago
3 0

Profit is equal to the product of the price of the production and the average total cost.

How do you find the quantity of perfect competition that maximizes profit?

When marginal revenue equals marginal cost, or when MR = MC, a fully competitive firm will make the decision that will maximize its profits.

What is the production that the company produces at a profit?

The production rule listed below is used by a competitive business to increase profits: The output level that generates the most profit for the company is where the marginal cost (MC) just touches the product price and where the MC curve is sloping upward.

Learn more about Profit here:

brainly.com/question/26215194

#SPJ4

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