If the level of output that maximizes profits is the same
If the level of output that maximizes profits is the same level of output that maximizes revenues, then the marginal cost of this good is zero. Why?
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if a firm is facing an always decreasing average total cost curve and a downward sloping demand curve then it must be
if the level of output that maximizes profits is the same level of output that maximizes revenues then the marginal
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