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A profit-maximizing producer seeks to Multiple Choice Maximize total profit. average total costs O Maximize profit per unit. inimize marginal cost
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A profit-maximizing producer seeks to

Multiple Choice


Maximize total profit.


average total costs


O


Maximize profit per unit.


inimize marginal cost

User Ivan Agrenich
by
8.2k points

1 Answer

2 votes

Answer:

Maximize Total Profit

Step-by-step explanation:

The producer will increase output until the price equals the marginal cost.

User Gushitong
by
7.9k points
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