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Title: If a firm is maximizing its profit and producing less than the output at which its average total cos Post by: Loraine on Jun 21, 2015 If a firm is maximizing its profit and producing less than the output at which its average total cost is minimized, then that firm
A) must be suffering an economic loss. B) must be earning an economic profit. C) has excess capacity. D) is producing at its capacity output. E) must be earning a normal profit. Title: Re: If a firm is maximizing its profit and producing less than the output at which its average total Post by: VincenzoD on Jul 23, 2015 Content hidden
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