3.2.1 Profit Maximisation (Edexcel A-Level Economics Teaching PowerPoint)
Last updated 28 Aug 2023
Here is a simple, editable PowerPoint covering the content of Unit 3.1.2 on Profit Maximisation as a business objective.
Profit maximisation happens when a firm finds a price and output where marginal revenue = marginal cost.
Total profits are maximised when the marginal profit is zero.
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