Marginal Cost Formula How to Calculate, Example
In equilibrium, marginal revenue equals marginal costs; there is no economic profit in equilibrium. Markets never reach equilibrium in the real world; they only tend toward a dynamically changing equilibrium. As in the example above, marginal revenue may increase because consumer demands have shifted and bid up the price of http://www.donmobi.ru/only/hp/ipaq-614-business-navigator a good or service. …