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Title: A perfectly competitive firm that maximizes profit exhibits resource allocative efficiency because ...
Post by: mahan1994 on Oct 1, 2023

A perfectly competitive firm that maximizes profit exhibits resource allocative efficiency because it produces where price



equals minimum average total cost.



equals marginal revenue.



equals marginal cost.



is greater than minimum average variable cost.



Title: Re: A perfectly competitive firm that maximizes profit exhibits resource allocative efficiency because ...
Post by: lingo94 on Oct 1, 2023
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