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Analysis Diagram: Maximising Revenue

Level:
A-Level
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 21 Mar 2021

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A firm in an imperfectly competitive market maximises total revenue when the marginal revenue is zero. This gives a different price and output to when a firm is assumed to be profit maximising.

Maximising total revenue
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