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    Principles of Economics Study Set 1
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    Exam 6: Perfectly Competitive Supply
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    The Most Important Challenge Facing a Firm in a Perfectly
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The Most Important Challenge Facing a Firm in a Perfectly

Question 148

Question 148

Multiple Choice

The most important challenge facing a firm in a perfectly competitive market is deciding:


A) whether to maximize its profits.
B) how much to produce.
C) what price to charge.
D) whether to advertise.

Correct Answer:

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