Pursue a loss minimisation strategy

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Reference no: EM133064060

-Use graph(s) and marginal analysis, illustrate and explain how you would decide on a profit maximising level of output for your business.

-Does producing a profit maximising quantity guarantee you a profit? Explain.

-If your business makes an economic loss in the short run, how would you pursue a loss minimisation strategy? Explain.

Reference no: EM133064060

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