Economics · Economics
What is the condition for a firm to maximize profit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Average Cost = Marginal Revenue
- 2Marginal Cost = Marginal Revenue✓
- 3Marginal Revenue = Average Revenue
- 4Average Cost = Average Revenue
Correct answer
Marginal Cost = Marginal Revenue
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