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Home Q & A Board Other Fields Homework Help Business Economics
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sinerus sinerus
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6 years ago
If the price a firm charges in a perfectly competitive industry is greater than average total cost
A) the firm is earning an economic profit equal to zero.
B) the firm is earning an economic profit less than zero.
C) the firm is earning an economic profit greater than zero.
D) it is not possible to determine anything about profits.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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#1
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6 years ago
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sinerus Author
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6 years ago
this is exactly what I needed
mcraver1
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Yesterday
Helped a lot
novae
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2 hours ago
Thanks for your help!!
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