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Home Q & A Board Other Fields Homework Help Business Economics
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CLopez678 CLopez678
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A year ago
If all firms are profit maximizers, then the following is assured:

▸ that the economy is operating inside the production possibilities boundary.

▸ that firms attain the lowest possible average costs.

▸ each firm is productively efficient.

▸ allocative and productive efficiency.

▸ allocative efficiency.
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Microeconomics

Microeconomics


Edition: 17th
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someonespecialsomeonespecial
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A year ago
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CLopez678 Author
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A year ago
You make an excellent tutor!
Fleury
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Helped a lot
zsc999
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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