The Point at Which Marginal Cost and Marginal Revenue Are

question 117

Multiple Choice

The point at which marginal cost and marginal revenue are equal always results in:

• A) maximization of elasticity
• B) maximization of revenue
• C) maximization of costs
• D) maximization of profits
• E) break-even equilibrium

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The part of the economy that is run by individuals and companies for profit and is not state controlled.

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