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nguyenduong67 nguyenduong67
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6 years ago
If a firm in a perfectly competitive market is currently producing the output where price = marginal cost > average total cost, the firm is
A) earning a zero profit.
B) earning a positive profit.
C) suffering an economic loss.
D) all of the above
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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#1
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6 years ago
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nguyenduong67 Author
wrote...

6 years ago
Just got PERFECT on my quiz
smdavis
wrote...

Yesterday
Smart ... Thanks!
DaiwalkerX
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2 hours ago
Correct Slight Smile TY
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