What rule determines the profitmaximizing level of output


Problem

In a competitive market, what rule determines the profitmaximizing level of output? What is the relationship between a firm's supply curve and its marginal cost curve?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What rule determines the profitmaximizing level of output
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