Maximizing Profit Practice
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YouTubeJacob Clifford
Maximizing Profit Practice
In this video, I explain how to identify the profit-maximizing quantity and calculate total revenue and profit. MR=MC is the most important concept in microeconomics. Thanks for watching. Need help? Check out the Ultimate Review Packet: https://www.ultimatereviewpacket.com/
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Master the art of Journal Entries with this quick reference sheet from my #50DaysAccountingChallenge. This note beautifully summarizes the treatment of important transactions like drawings in cash or goods, loss of stock by theft or fire, goods given as sample, goods donated, and bad debts with recovery. It clearly differentiates how these items appear in Trading/Profit & Loss Account and Balance Sheet, while showing the correct journal entries with narration. Understand which accounts are Nomin
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