When a firm is at a least-cost position, it is also necessarily at a maximum-profit position.

Name: When a firm is at a least-cost position, it is also necessarily at a maximum-profit position.
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Being at a least-cost position means the firm is producing at the lowest possible cost, but it does not necessarily mean the firm is maximizing profit, as profit maximization also depends on revenue, which is determined by the price and quantity sold.

When a Firm Is at a Least-Cost Position, It Is