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Title: If it does not shut down, a perfectly competitive firm produces where marginal cost is equal to the Post by: Loraine on Jun 21, 2015 If it does not shut down, a perfectly competitive firm produces where marginal cost is equal to the marginal revenue
A) only in the short run. B) only in the long run. C) always to maximize its profit. D) only if it is not possible to produce where price equals average variable cost. E) only if it is not possible to produce where price is greater than average total cost. Title: Re: If it does not shut down, a perfectly competitive firm produces where marginal cost is equal to Post by: Smoooth on Jul 27, 2015 Content hidden
Title: Re: If it does not shut down, a perfectly competitive firm produces where marginal cost is equal to the Post by: Smoooth on Aug 31, 2015 No problemo :-]
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