# sec44 - C> R Loss R> C Profit C> R Loss P=R-C C C R R...

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Marginal Cost and Marginal Revenue \$ Maximum Profit R’ = C’ C C R R C > R, Loss R > C, Profit C > R, Loss R’ > C’ R’ > C’ R’ > C’ R’ = C’ C’ < R’

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Cost, Revenue and Profit
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Unformatted text preview: C > R, Loss R > C, Profit C > R, Loss P=R-C C C R R \$ Max Profit, P’ =0 then R’ = C’ Break Even, P =0 then R = C...
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## This note was uploaded on 02/29/2012 for the course MATH 119 taught by Professor Maanomran during the Fall '09 term at Indiana University-Purdue University Fort Wayne.

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sec44 - C> R Loss R> C Profit C> R Loss P=R-C C C R R...

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