Explain why it is sometimes difficult to apply the MR = MC rule in actual business situations.

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Question Posted: Jun 20, 2016 12:34 AM

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Explain why it is sometimes difficult to apply the MR = MC rule in actual business situations.

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One of the main reasons why firms might not be able to set ...View the full answer

Managerial Economics

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