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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:
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1 Reply
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
Thanks for your help!!
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Correct Slight Smile TY
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2 hours ago
this is exactly what I needed
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