If a purely competitive firm is producing an output where marginal cost equals price, it can ...

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If a purely competitive firm is producing an output where marginal cost equals price, it can ...

If a purely competitive firm is producing an output where marginal cost equals price, it can increase its profits either by producing a larger quantity or by charging a higher price.

True or False?

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Microeconomics

Edition: 2^nd

Author: James

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