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Tidy Tidy
wrote...
Posts: 4852
8 years ago
A perfectly competitive firm earns a profit when price is
A) equal to minimum average total cost.
B) above minimum average total cost.
C) equal to minimum average variable cost.
D) equal to minimum average fixed cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 180 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
SmooothSmoooth
wrote...
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Posts: 5500
8 years ago
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8 years ago
You're welcome Happy Dummy
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