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    The economics student knows that the profit maximizing manager will produce the quantity where marginal revenue equals marginal cost (a J-shaped curve which reflects a different marginal cost at every quantity). The manager knows that organizations estimate marginal costs that are constant over a range of quantity levels. How can the manager approximate the marginal revenue equals marginal cost rule to maximize profit?

    0  Views: 782 Answers: 1 Posted: 14 years ago

    1 Answer

    Dude, we do not do homework here.


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