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  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
  5. Question
    Profit Is Maximized at the Output at Which Marginal Revenue
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Profit Is Maximized at the Output at Which Marginal Revenue

Question 59

Question 59

True/False

Profit is maximized at the output at which marginal revenue exceeds marginal cost by the greatest margin.

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