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MMLU / Marginal revenue equals marginal cost at the point where

Problem

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question

Marginal revenue equals marginal cost at the point where

choices

  1. total revenue is greater than total cost at its greatest distance
  2. total revenue is equal to total cost
  3. marginal product is at its highest point
  4. total product is at its highest point

subject

high_school_microeconomics

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Source and history

Official source

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