Why will a profit maximising firm in a competive market?
Answers
Answered by
0
As the objective of each perfectly competitive firm, they choose each of their output levels to maximize their profits. The key goal for a perfectly competitive firm in maximizing its profits is to calculate the optimal level of output at which its Marginal Cost (MC) = Market Price (P).
Answered by
0
Explanation:
Samsung is a big company
Similar questions