7. Marginal revenue along with marginal
cost helps to determine
a)profit maximising output
b)Total revenue
c)Profit per unit
d)Total Cost
Answers
Answered by
1
Answer:
c) profit per unit
Explanation:
Marginal revenue and marginal cost are essential calculations that help companies analyze and maximize their profits. Taken together, marginal revenue and marginal cost are used to determine how many units of a given product or service a company should produce, as well as the price per unit.
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