A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'. Rohit is two year (1)/ junior than Mukesh (2)/ in the office. (3)/ No Error (4)
Calculate a country's GDP if for the year, consumer spending is $900 million, government spending is $250 million, investment by businesses is $180 million, exports are $85 million and imports are $100 million.