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Homework answers / question archive / Why do businesses want to produce where MC=MR? Explain this idea behind the marginal analysis, and/or give an example of why marginal analysis is necessary to find the profit-maximizing quantity for a business

Why do businesses want to produce where MC=MR? Explain this idea behind the marginal analysis, and/or give an example of why marginal analysis is necessary to find the profit-maximizing quantity for a business

Economics

Why do businesses want to produce where MC=MR? Explain this idea behind the marginal analysis, and/or give an example of why marginal analysis is necessary to find the profit-maximizing quantity for a business.

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