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    Principles of Microeconomics Study Set 4
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    Exam 9: Competitive Markets for Goods and Services
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    A Perfectly Competitive Firm Will Stay in Business as Long
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A Perfectly Competitive Firm Will Stay in Business as Long

Question 49

Question 49

True/False

A perfectly competitive firm will stay in business as long as the price per unit equals or exceeds its average total cost.

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