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 Content hidden
|