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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.5
What is it called when the cost of producing the last unit of output is the same as the revenue gained from selling it?
Break-Even Point
Profit-Maximizing Point
Equilibrium Point
Diminishing Marginal Returns
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AP Microeconomics - 3.5 Profit Maximization
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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