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Title: If price is above average total cost at the output where marginal revenue equals marginal cost, a ... Post by: zmudasam on Apr 28, 2019 Question 1. A firm must earn an economic profit in order to receive a normal rate of return. ▸ true ▸ false Question 2. If price is above average total cost at the output where marginal revenue equals marginal cost, a firm will earn positive economic profits. ▸ true ▸ false Title: If price is above average total cost at the output where marginal revenue equals marginal cost, a ... Post by: Curtis x9 on Apr 28, 2019 Content hidden
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