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If a firm produces 500 units at a total cost of $200, and sells each unit at a price of $0.75, the ...

Costa

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7 years ago

If a firm produces 500 units at a total cost of $200, and sells each unit at a price of $0.75, the ...

If a firm produces 500 units at a total cost of $200, and sells each unit at a price of $0.75, the economic efficiency ratio is 175.

True or False?

Textbook

Microeconomics

Microeconomics

Edition: 2^nd

Author: James

Read 93 times

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yameth

wrote...

#1

7 years ago

FALSE

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