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    Microeconomics Private and Public Choice Study Set 1
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    Exam 9: Price Takers and the Competitive Process
  5. Question
    Why Is It Considered "Ideal" for Price to Just Equal
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Why Is It Considered "Ideal" for Price to Just Equal

Question 91

Question 91

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Why is it considered "ideal" for price to just equal marginal cost?

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When price equals marginal cost, the cos...

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