Sabri Oncu <[email protected]> wrote: > Marginal cost pricing assumes that price is > independent of quantity, so profit is maximized at when price is equal > to the marginal cost.
no, it's where marginal revenue equals marginal cost. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
