Profit-maximising level of output
What Profit-maximising level of output means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Profit-maximising level of output
Check what you remember
Read the wording for your board, then hide it and explain Profit-maximising level of output in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The level of output that occurs where marginal cost equals marginal revenue.
Topics that use Profit-maximising level of output
- Business objectives and pricing decisions (Pearson Edexcel A-Level)
Related terms
Using Profit-maximising level of output in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics B questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge