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MC, MR

Rule The firm should produce where MR = MC PROVIDED that above that output MC exceeds MR and below that output MR exceeds MC. MC, MR. MC. Q. O. Q 1. Q 2. MR. Shut down point. Costs, revenue. AC. P = AVC. AVC. AR = D. Q. O. Q. Using calculus to find maximum profit output.

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Mr dtr - PowerPoint PPT Presentation

MC, MR