If a manufacturer produces a quantity of which the marginal cost equals to the product's market price then his profits are definitely maxed?
I think is correct but why is correct I not so get it.
Hope you can answer to me :)
Thanks.
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If a manufacturer produces a quantity of which the marginal cost equals to the product's market price then his profits are definitely maxed?
I think is correct but why is correct I not so get it.
Hope you can answer to me :)
Thanks.
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