Topic Videos
Analysis Diagram: Maximising Revenue
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
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.
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