The rate of production that maximizes the positive difference between total revenues and total costs is the

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The rate of production that maximizes the positive difference between total revenues and total costs is the profit-maximizing rate of production. This is where the business earns the highest profit possible by producing the optimal amount of output. At this level of production, marginal revenue equals marginal cost, which means that one more unit of output produces a marginal revenue equal to the additional cost of producing it.

The Rate of Production That Maximizes the Positive Difference Between