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Maximizing Profit Practice
3:46
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/
1.4M viewsNov 6, 2014
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Restaurant owners: Doing at least $75K/month in sales, but still not making enough profit? If that’s you, don’t waste time trying to get more sales. Yes, that goes against what most “marketing agencies” will tell you. More sales is good, but it’s NOT the fastest path to what you REALLY want… which is more take-home profit So what’s the easiest & fastest path to higher take-home profits? It’s not: ❌ Facebook ads ❌ SEO ❌ Working more to save on labor Here’s what I found after running 4 of my own r
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Restaurant owners: Doing at least $75K/month in sales, but still not making enough profit? If that’s you, don’t waste time trying to get more sales. Yes, that goes against what most “marketing agencies” will tell you. More sales is good, but it’s NOT the fastest path to what you REALLY want… which is more take-home profit So what’s the easiest & fastest path to higher take-home profits? It’s not: ❌ Facebook ads ❌ SEO ❌ Working more to save on labor Here’s what I found after running 4 of my own r
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