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Author Question: Profit-maximizing firms increase production up to the point at which the last unit of the variable ... (Read 76 times)

kmcolvin

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Profit-maximizing firms increase production up to the point at which the last unit of the variable factor employed adds
◦ nothing to marginal revenue.
◦ just as much to revenue as to profit.
◦ just as much to revenue as to cost.
◦ nothing to marginal cost.
◦ positive economic profits.


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Marked as best answer by kmcolvin on Oct 12, 2022

bigboya

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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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kmcolvin

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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