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insherro insherro
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Posts: 671
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7 years ago
A perfectly competitive firm will earn a positive economic profit so long as price is greater than average total cost at the profit-maximizing level of output.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 94 times
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University of Ottawa - Economics for Managers
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Answer verified by a subject expert
andyborziandyborzi
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Posts: 449
7 years ago
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insherro Author
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7 years ago
Brilliant
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Yesterday
Good timing, thanks!
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2 hours ago
Just got PERFECT on my quiz
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