How come when marginal revenue marginal cost it maximizes
How come when marginal revenue = marginal cost it maximizes profits in competitive markets? It seems that if marginal revenue was much higher than marginal cost that that would be the most profit earned for the firm.
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but seriously after consulting your readings explain in your own words what revenue cycle is and what it is good for be
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how come when marginal revenue marginal cost it maximizes profits in competitive markets it seems that if marginal
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