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    The Economy Today
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    Exam 23: Competitive Markets
  5. Question
    If a Firm Decides to Make the Investment Decision to Expand
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If a Firm Decides to Make the Investment Decision to Expand

Question 32

Question 32

Multiple Choice

If a firm decides to make the investment decision to expand its capacity,then it must have discovered that


A) P = ATC.
B) P > AVC.
C) P > ATC.
D) P = AVC.

Correct Answer:

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