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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
  5. Question
    Perfectly Competitive Firms Will Produce as Long as Marginal Revenue
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Perfectly Competitive Firms Will Produce as Long as Marginal Revenue

Question 315

Question 315

True/False

Perfectly competitive firms will produce as long as marginal revenue exceeds marginal cost.

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