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The general rule for profit maximization in a firm is to : a.Set average cost at its minimum b.reduce fixed fixed cost by expanding output c.maximize sales revenu. d.Set marginal revenue to

The general rule for profit maximization in a firm is to :

a.Set average cost at its minimum

b.reduce fixed fixed cost by expanding output

c.maximize sales revenu.

d.Set marginal revenue to marginal cost

Aug 23 2021 View more View Less

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