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Home Q & A Board Other Fields Homework Help Business Economics
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Hariett Hariett
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5 years ago
The perfectly competitive firm maximizes profits when
A) it produces and sells the quantity at which the difference between marginal revenue and marginal cost is the greatest.
B) it produces and sells the quantity at which marginal revenue and marginal cost are equal.
C) it produces and sells the quantity at which the difference between average revenue and average cost is the greatest.
D) it produces and sells the quantity at which the difference between price and average cost is the greatest.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 61 times
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lunaamlunaam
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5 years ago
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Hariett Author
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#2
5 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
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