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The Main Decision for a Profit-Maximizing Perfectly Competitive Firm Is

Question 314

Multiple Choice

The main decision for a profit-maximizing perfectly competitive firm is not what ________ but what ________.


A) level of output to produce; price to charge
B) price to charge; level of output to produce
C) level of output to produce; total revenue to achieve
D) price to charge; total cost to achieve

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