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Title: To maximize profit, a perfectly competitive firm Post by: Tidy on Jun 21, 2015 To maximize profit, a perfectly competitive firm
A) should sell the quantity of output determined by the interaction between industry demand and supply. B) should sell the quantity of output that results in a value for total revenue that is equal to total cost. C) should produce the quantity of output that results in the greatest difference between total revenue and total cost. D) should produce the quantity of output that results in the greatest difference between marginal revenue and marginal cost. Title: Re: To maximize profit, a perfectly competitive firm Post by: Smoooth on Jul 26, 2015 Content hidden
Title: Re: To maximize profit, a perfectly competitive firm Post by: Smoooth on Aug 31, 2015 You're welcome :-]
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