In the long run, a firm will maximize profits at the quantity for which marginal revenue equals [...]as long as price is greater than ATC.
Answer
marginal cost
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Open it In the long run, a firm will maximize profits at the quantity for which marginal revenue equals marginal cost as long as price is greater than ATC.
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owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p89
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