What is true about the relationship between marfinal revenue and marginal costs when profit is the greatest?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter15: Contracting, Governance, And Organizational Form
Section: Chapter Questions
Problem 2.2CE
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What is true about the relationship between marfinal revenue and marginal costs when profit is the greatest?

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