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Profit 31 - PowerPoint PPT Presentation

Profit Maximization

Profit Maximization. We assume the goal of a firm is to maximize its profit. To do so it will have to decide what level of output the produce. We look at some general details here. Revenues and costs. Profit = TR-TC 13 25 31 31 25 13 -5.

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Profit 31 - PowerPoint PPT Presentation

Profit Maximization