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wiliam789 wiliam789
wrote...
Posts: 308
5 years ago
When price and marginal cost are equal for a perfectly competitive firm, the firm is
A) minimizing average total cost.
B) maximizing total revenue.
C) maximizing economic profit.
D) earning negative economic profit.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 42 times
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Answer verified by a subject expert
linlinlinlinlinlin
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Posts: 177
5 years ago
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wiliam789 Author
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5 years ago
You're an excellent tutor!
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