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Author Question: A firm is spending the profit-maximizing amount on product development when (Read 35 times)

colton

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on: May 24, 2019
A firm is spending the profit-maximizing amount on product development when
◦ people perceive the firm's product to be better than those of its competitors.
◦ the marginal cost of product development is equal to the marginal revenue from product development.
◦ the price of the good is higher than its marginal cost.
◦ the advertising costs are covered.
◦ the firm's total revenue exceeds its total costs.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by colton on May 24, 2019

JYan

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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colton

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Excellent

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