Answer: I think it’s both state demands.
Explanation:
In order to maximize profit in the short run; Company is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
<h3>How to maximize profit?</h3>
Every firm in the market operates with the primary aim of making profit, which is different from the government that has a primary aim of creating welfare for the people. Thus, a profit-maximizing level of output is determined at the point where marginal revenue (MR) equals marginal cost (MC).
Finally, In order to maximize profit in the short run what the company should do is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
Read more about Maximization of Profit at; brainly.com/question/13464288
Answer:
Not right now, but thank you! :)
Explanation:
Answer:
-1
Explanation:
Find components of the definition.
Plug in components
Simplify.
-1
By the way, you are going to get banned if you spam the same question over and over if it's been answered already.
