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Podcast: Principles of Microeconomics (Video)
Episode:

Maximizing Profit Under Competition

Category: Education
Duration: 00:13:16
Publish Date: 0000-00-00 00:00:00
Description: A company in a competitive environment does not control prices. So the key to maximizing profit is choosing how much to produce. To do that, we need to factor in the costs involved in production. So what exactly are the costs? How do these costs...
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