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softballjunkie1 softballjunkie1
wrote...
Posts: 324
5 years ago
A perfectly competitive firm is maximizing profits in the short run. This implies that the firm is earning the most economic profits possible, which
A) must be positive.
B) must be either zero or positive.
C) can be positive, negative, or zero.
D) exist at the point at which price equals total cost.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 52 times
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jmendozajmendoza
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Posts: 198
5 years ago
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