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If the perfectly competitive firm is producing an output level at which price equals marginal cost, it is

nurse15

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If the perfectly competitive firm is producing an output level at which price equals marginal cost, it is

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earning profits.

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taking losses.

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earning normal profit.

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Economics

Edition: 12^th

Author: Arnold

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moon21c

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More solutions for this book are available here

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nurse15 Author

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A year ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

dri

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Yesterday

Smart ... Thanks!

mkyoungs

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2 hours ago

Thanks

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