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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can a Firm achieve Maximising Revenue?

Author: eric_galvao



Answer:

-Revenue is Maxed out when MR=0. No Revenue can be achieved from selling 1 Additional Unit -Firms will thus keep Increasing Output further Past the Point where PROFITS are Maximised, as long as more Output = More Sales


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