- This topic has 1 reply, 2 voices, and was last updated 1 month ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Is it mandatory in every Marginal Cost (MC) question that MC always equals to MR ?
Because I have seen some questions in which if we, say, producing 13 units, profit is maximising but if production goes to 14 units profit starts decreasing and on 13 units our MC does not equates to MR.
So is it okay that sometimes MC does not get equal to MR ?
Have you watched my free lectures on pricing, because maximum profit occurs when MC = MR only when the selling price that arrived from the equation is a possible selling price. Otherwise we need to use the tabular approach. I explain all this in my free lectures.