Question: in paragraph below using technical example such as total cost and marginal cost and identify the profit maximizing amount of output to produce: Situation: Firms,

in paragraph below using technical example such as total cost and marginal cost and identify the profit maximizing amount of output to produce: Situation: Firms, such as Walmart, have used a strategy where the price (marginal revenue) of certain items are intentionally set below the average total cost of production, such as grocery items. Question 1: Why would firms intentionally lose money on certain goods

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