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Mairoon Mairoon
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Posts: 850
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6 years ago
If a competitive firm maximizes short-run profits by producing some quantity of output, which of the following must be true at that level of output?
A) p > MC
B) MR > MC
C) p ≥ AVC
D) All of the above
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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6 years ago
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Mairoon Author
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Correct Slight Smile TY
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Helped a lot
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