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Topic: Business
Number of pages / Number of words: 2 / 503
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(15th Ed.). (2001). Economics ? Principles, Problems and

Policies. [University of Phoenix Custom Edition e-text]. The McGraw-Hill

Companies, Retrieved March 15, 2005, from University of Phoenix, Resource,

ECO/533 ? Economics for Managerial Decision Making Legal Environment of

Business Law Web site: https://ecampus...


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J Bara

ECO/533 Economics for Managerial Decision Making

PA04MBA10

April 7, 2005

1. Total profit is the product of profit per unit and the quantity. To maximize profit, quantity is chosen at the point where marginal cost (MR) is equal to marginal revenue (MR) which is where the two graphs intersect...


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