Marginal profit
id:
marginal-profit-294-1482957
title:
Marginal profit
text:
In microeconomics, marginal profit is the increment to profit resulting from a unit or infinitesimal increment to the quantity of a product produced. Under the marginal approach to profit maximization, to maximize profits, a firm should continue to produce a good or service up to the point where marginal profit is zero. At any lesser quantity of output, marginal profit is positive and so profit can be increased by producing a greater amount; likewise, at any quantity of output greater than the o
brand slug:
wiki
category slug:
encyclopedia
description:
Method of profit maximization
original url:
https://en.wikipedia.org/wiki/Marginal_profit
date created:
date modified:
2024-02-08T05:28:48Z
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image:
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fields total:
13
integrity:
15