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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
A purely competitive firm maximizes its profits when it produces an output at which:
A) total revenue equals total cost
B) price equals total revenue
C) the difference between total revenue and total cost is smallest
D) the difference between total revenue and total cost is greatest
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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angelverdeangelverde
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6 years ago
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Kyuubi Author
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6 years ago
Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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2 hours ago
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