what is being wrongly assumed on the equation marginal revenue=marginal cost?

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what is being erroneously assumed by someone who thinks that net receipts will be zero at an output where marginal revenue equals marginal cost?

2006-08-09 11:28:08 · 4 answers · asked by micro eco 1 in Business & Finance ➔ Advertising & Marketing

That average revenue is equal to marginal revenue and average cost is equal to marginal cost?

2006-08-09 11:34:52 · answer #1 · answered by NC 7 · 0⤊ 0⤋

You tell me. It makes sense that that net receipts on the marginal output would be zero.

2006-08-09 11:31:51 · answer #2 · answered by desotobrave 6 · 0⤊ 0⤋

What????

2006-08-09 11:30:49 · answer #3 · answered by myprofile4sho 1 · 0⤊ 0⤋

what?

2006-08-09 11:31:58 · answer #4 · answered by Anonymous · 0⤊ 0⤋