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Other Fields Homework Help Economics Topic started by: Ryanteck on Jun 27, 2017



Title: Under perfect competition, the efficient level of output is produced because
Post by: Ryanteck on Jun 27, 2017
Under perfect competition, the efficient level of output is produced because
A) price equals marginal cost.
B) firms can earn an economic profit in the long run.
C) firms earn only a normal profit in the long run.
D) government regulates the output level that must be produced.


Title: Re: Under perfect competition, the efficient level of output is produced because
Post by: goldlilys on Jun 27, 2017
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