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When marginal cost equals marginal revenue of products
Question 1
Report
When marginal cost equals marginal revenue of products
the firms is producing at a loss
the firm is at a break-even point
the firm is making the least profit
the supplementary cost of the firm is highest
the firm has maximum profit
Answer Details
Read lesson note on The Theory Of Production (JAMB)
Read lesson note on Theory Of Costs (JAMB)
The Theory Of Production
Theory Of Costs
View Answer