Profit maximization for a perfectly competitive firm is at the quantity where

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     price equals marginal revenue.
      the difference between price and marginal cost is the greatest.
      price equals marginal cost.
      marginal cost is at a minimum.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

0 votes
price equals marginal cost.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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