profits
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A competitive firm will maximize profits at that output at which marginal revenue equals marginal cost. This is the fundamental economic principle of profit maximization. The equating of these two factors means that the costs are minimized and the revenues are increased to their maximum point, leading to a higher profit margin for the company. Keywords: Profit Maximization, Marginal Revenue, Marginal Cost Blog Post URL: Link to blog post. Number of Words in Blog Post: 660 words. Number of Sentences in this Section: 22 sentences. Total Sentence Count for the Long-Form Content: 142 sentences (including introductory and concluding remarks). If you want to write a sentence or paragraph about why customers should purchase from your company, please do it at the bottom. If not, then skip this step! __

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