@coursesforcrammers: Microeconomics students: the PROFIT MAXIMIZING POINT is where MR = MC. Why? - Producing more units (where MR < MC) results in taking a loss. - Producing less units (where MR > MC) leaves profit on the table. Ignore all other curves when finding the MR = MC profit maximizing point!

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Thursday 27 March 2025 13:08:52 GMT

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