Explain how businesses determine their profit maximization output. (1-2 sentences)

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asked Sep 10, 2017 20.8k views

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Fiach Reid · Answer 1 · 2017-09-15T07:23:38+0000

the purpose of businesses is to determine their profit maximization which is always thinking at margin. profit maximization is a process by which a firm determines the price and output level that returns the greatest profit.

hope this help

Explain how businesses determine their profit maximization output. (1-2 sentences)

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