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Other Fields Homework Help Economics Topic started by: sinerus on Aug 29, 2017



Title: If a profit-maximizing firm in a perfectly competitive market is currently producing the output ...
Post by: sinerus on Aug 29, 2017
If a profit-maximizing firm in a perfectly competitive market is currently producing the output where (price - average variable cost) > average fixed cost, the firm is
A) suffering an economic loss.
B) making a positive economic profit.
C) making a zero economic profit.
D) none of the above


Title: Re: If a profit-maximizing firm in a perfectly competitive market is currently producing the output ...
Post by: trumpetsoflife on Aug 29, 2017
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