Question: Course. Microeconomics - Profits Maximization Assume a firm whose objective is to maximize its profits: Show what is the profit maximization condition for any firm

Course. Microeconomics - Profits Maximization

Assume a firm whose objective is to maximize its profits: Show what is the profit maximization condition for any firm in a perfectly competitive market. Note: You are asked to prove this condition, it is not enough to state what the condition is. Explain.

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