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Keyword: MR=MC

Profit Maximization under Single Pricing (transcript) (1/29/2012)

Single-price searchers maximize profit by setting a uniform price where marginal revenue is equal to marginal cost.

Keywords: diminishing returns, marginal cost, marginal revenue, MR=MC, price searcher, profit maximization, single pricing

Profit maximization under single pricing (11/2/2011)

Single-price searchers maximize profit by setting a uniform price where marginal revenue is equal to marginal cost.

Keywords: diminishing returns, marginal cost, marginal revenue, MR=MC, price searcher, profit maximization, single pricing