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Home Q & A Board Other Fields Homework Help Business Economics
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Lopezj273 Lopezj273
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5 years ago
In long-run competitive equilibrium, the perfectly competitive firm produces where price equals minimum average total cost.
a.What is this efficiency criterion called?
b.How does it benefit consumers?
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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javiermorillajaviermorilla
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5 years ago
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Lopezj273 Author
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5 years ago
This helped my grade so much Perfect
jamiebonf99
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Yesterday
this is exactly what I needed
nsak
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2 hours ago
Thanks
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