Less revenue equals fewer jobs for American workers.
If revenue equals expenses, the following (basic) equation must be true:
The breakeven point is reached when revenue equals all business costs.
Determine firm 1's optimum output: To do this we must find where marginal revenue equals marginal cost.
Marginal revenue equals zero when the total revenue curve has reached its maximum value.
In the long run, average revenue equals marginal cost and firms enjoy only normal profits.
In the long run a firm operates where marginal revenue equals long-run marginal costs.
A company maximizes profit by selling where marginal revenue equals marginal cost.
Left to its own devices, a profit-seeking natural monopoly will produce where marginal revenue equals marginal costs.
Profit maximization requires that a firm produce where marginal revenue equals marginal costs.