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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 8: A--Perfect Competition
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    In the Short Run, a Firm Will Produce a Positive
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In the Short Run, a Firm Will Produce a Positive

Question 135

Question 135

Multiple Choice

In the short run, a firm will produce a positive amount of output as long as


A) P > AVC at some output level
B) P > MC at some output level
C) P < AVC at some output level
D) AVC < ATC at some output level
E) FC > TR at some output level

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