The deep state entered Americaâs national discourse in 2017 with the feeling of an already familiar character, ready to assume a starring role as hero or villainâdepending on how you feel about Trump.
If a firm produces past that point, then marginal revenue is less than marginal cost. This means that the firm is losing profit with each additional unit of output and it should produce less. Remember that a competitive firm has a flat MR curve which is equal to the market price.
Best Answer: Lets look at this topic in terms of production. Marginal in this assumption would mean the the cost or the benefit of producing one extra unit. If your marginal cost is higher than marginal benefit, then producing one extra unit would cause ur profit to go down.Now lets look at ur point of view.s long as marginal cost equals marginal benefit you can keep on producing whatever you are producing and make more absolute profits as a percentage of your cost. As long as your costs don't increase you are okay.