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Laurent Laurent
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Posts: 803
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6 years ago
If a profit-maximizing business in perfect competition has economics profits, it must be producing a quantity of output where marginal cost is greater than average total cost.

True or False?
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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