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Title: In a perfectly competitive market, if market price is lower than the average total cost of ... Post by: AndrewKraus on May 22, 2017 In a perfectly competitive market, if market price is lower than the average total cost of production:
A) new firms will enter the market. B) existing firms will leave the market. C) all existing firms will earn positive economic profits. D) all existing firms will earn zero economic profits. Title: Re: In a perfectly competitive market, if market price is lower than the average total cost of ... Post by: Simpleman on May 22, 2017 Content hidden
Title: Re: In a perfectly competitive market, if market price is lower than the average total cost of ... Post by: AndrewKraus on Jun 24, 2017 Excellent answer, thx
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