A competitive firm maximizes profit at the output level where?

Price equals marginal cost
The slope of the firm's profit function is equal to zero
Marginal revenue equals marginal cost
All of the above

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 4

A competitive firm maximizes profit at the output level where Price equals marginal cost, The slope of the firm's profit function is equal to zero and Marginal revenue equals marginal cost.

4 views Answered 2022-09-01 13:21

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