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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
  5. Question
    Individual Firms in Perfectly Competitive Industries Decide What Price to Charge
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Individual Firms in Perfectly Competitive Industries Decide What Price to Charge

Question 259

Question 259

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Individual firms in perfectly competitive industries decide what price to charge for their output and what quantity of output to produce.

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