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Discuss twoaggressive investigation strategies.
Peak Efficiency
The optimal point at which a particular process or system operates with maximum effectiveness or efficiency.
MC = MR
The point where Marginal Cost equals Marginal Revenue, considered the optimal point of production for maximum profit.
ATC Curve
A graph showing the average total cost of production at different levels of output, illustrating how costs vary with changes in output.
Economic Profit
The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, reflecting the total financial gain.
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