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Economics Model Answers Thirteen (view source)
Revision as of 12:34, June 18, 2007
, 12:34, June 18, 2007no edit summary
'''Profit is maximized when MR=MC. That is found by determining the market price on the demand curve corresponding to point A, which will be a little higher price than point D.'''
'''Profit is maximized when MR=MC. That is found by determining the market price on the demand curve corresponding to point A, which will be a little higher price than point D.'''
[[Category:Economics]]