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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?
Diminishing Marginal Returns
Equilibrium Point
Break-Even Point
Profit-Maximizing Point
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AP Microeconomics - 3.5 Profit Maximization
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About Us
About Fiveable
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Code of Conduct
Terms of Use
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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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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