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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 2 DQ2

Week 2 DQ2

Q Explain Maxim: •Produce more when MR>MC •Produce less when MR<MC •Profits are maximized when MR=MC

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The statement as stated MR>MC will be correct because the company is expected to make profit.
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