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Business, 10.10.2019 04:00 pleasehelpme666

The rm is currently producing (and selling) 40 units (lots of 1000) per month. assuming the rm wants to maximize its current period prots (revenues minus costs), should the rm decrease, increase, or maintain production? provide reasoning that relies on \thinking like an economist" by focusing on marginal revenue and marginal costs. apply this same reasoning to determine the optimal (i. e., prot maximizing) quantity.

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The rm is currently producing (and selling) 40 units (lots of 1000) per month. assuming the rm wants...

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