Question: Profits are maximized where A. MR = MC. B. P = ATC. C. price exceeds marginal cost by the largest amount. D .the slope of

Profits are maximized where

A. MR = MC.

B. P = ATC.

C. price exceeds marginal cost by the largest amount.

D .the slope of the marginal revenue curve equals the slope of the marginal cost

curve.

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