Where on a firm diagram would a firm be at a profit maximising equilibrium?

A profit maximising equilibria is one in which the firm maximises overall profit over all other potential outcomes. The point at which the firm is maximising profit is where marginal revenue intersects marginal cost.

(The white board function isn't working, but I'd also add a lablled diagram, showing the equilibria here)

Answered by Harry C. Economics tutor

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