arom9334 arom9334

08-11-2021
Business

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for a firm, marginal revenue minus marginal cost is equal to

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parisr22 parisr22

08-11-2021

the answer is marginal profit. hope this helps

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topeadeniran2 topeadeniran2

25-11-2021

For a firm, marginal revenue minus marginal cost will be equal to marginal profit.

Marginal profit simply refers to the increment in profit as a result of an additional quantity of product that is produced by the business.

It should be noted that the main aim of a firm is profit maximization. A firm's marginal revenue minus marginal cost will be equal to marginal profit.

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