Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Question
Chapter 3, Problem 8P
(a)
To determine
Feasibility of production of the seventh unit of output.
(b)
To determine
The quantity that equates marginal cost and revenue. Also, explain how it maximizes profit.
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Chapter 3 Solutions
Microeconomics (2nd Edition) (Pearson Series in Economics)
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