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Wednesday, January 31, 2018

In microeconomics, marginal profit is the difference between the marginal revenue and the marginal cost. Under the marginal approach to profit maximization, to maximize profits, a firm should continue to produce a good or service up to the point where marginal profit is zero.


If The Marginal Profit For A Business Is P'(x) = S... | Chegg.com
If The Marginal Profit For A Business Is P'(x) = S... | Chegg.com. Source : www.chegg.com

 
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