What is meant by maximum profit? plz give me answer very fast plz subject economics

asked Nov 5, 2022 231k views

1 vote

What is meant by maximum profit?
plz give me answer very fast plz
subject economics

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5 votes

Answer:

The short run or long run process by which a firm determines the price and output level that returns the greatest profit.

Myrddin Emrys answered Nov 11, 2022

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