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21-04-2022
Business

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The purely competitive employer of resource a will maximize the profits from a by equating the.

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Parrain Parrain

25-04-2022

An employer in a purely competitive market will try to maximize profits from resource A by equating Price of A with the MRP of A.

How can the employer maximize profits?

Profits in a purely competitive market are maximized by equating their marginal cost to their marginal revenue.

The marginal cost of resource A will be its price so profits will be maximized when this price is equal to the marginal revenue of A.

Find out more on maximizing profit at https://brainly.com/question/1264758.

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