Question: answer the ff, 3. Why is MR=MC the prot maximizing output level as shown graphically, and what is the more praccal approach in maximizing prots

answer the ff,

answer the ff, 3. Why is MR=MC the prot maximizing output level

3. Why is MR=MC the prot maximizing output level as shown graphically, and what is the more praccal approach in maximizing prots using price and the average total cost

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