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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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Posts: 772
6 years ago
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nguyenduong67 Author
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6 years ago
Thanks for your help!!
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Yesterday
Thanks
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2 hours ago
Thank you, thank you, thank you!
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