Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Hariett Hariett
wrote...
Go to Answer
Posts: 289
Rep: 11 0
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 45 times
2 Replies
Replies
Answer verified by a subject expert
lunaamlunaam
wrote...
#1
Posts: 176
Rep: 48 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Hariett Author
wrote...
#2
5 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1172 People Browsing
 109 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 309
  
 331
  
 816
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: Which of the following is the best resource to supplement your studies: