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Business Brief: Profit Maximization
To assess your ability to evaluate a company's data to determine its profit maximization point.
The Excel-based assignments examine the use of data in business decision making. In this assignment you are asked to determine the profit maximization point in two scenarios: 1) Perfect competition; and 2) Less-than-perfect competition.
1. Download the Profit Maximization Excel worksheet
2. Your instructor will provide values for the following:
3. Calculate Marginal Revenue and Marginal Cost and determine the profit maximizing output for a firm under the two scenarios.
4. Examine the two charts that will appear on the Excel spreadsheet after you input the data.
6. Write a 1-page business brief addressing the following: describing the differences between the scenarios. Include answers for the following questions:
Attachment:- Assignment Files.rar
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This is explanation of graphs of marginal cost and aveeage cost of a production company . Various calculations are done to explain this
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It is a one page only, I have worked out the profit maximization sheet. All you need is to reflect the chart resulted from the sheet in the analysis attached is the guidelines and the profit maximization sheet.
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