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  3. Study Set
    Economics for Business
  4. Exam
    Exam 10: Revenue and Profit
  5. Question
    Why Does Equating Marginal Cost to Marginal Revenue Maximise Profits
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Why Does Equating Marginal Cost to Marginal Revenue Maximise Profits

Question 42

Question 42

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Why does equating marginal cost to marginal revenue maximise profits (or minimise losses)?

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