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    Microeconomics Study Set 12
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    Exam 9: Perfectly Competitive Markets
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    Which of the Following Does Not Represent a Profit-Maximizing Condition
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Which of the Following Does Not Represent a Profit-Maximizing Condition

Question 13

Question 13

Multiple Choice

Which of the following does not represent a profit-maximizing condition for a firm operating in a perfectly competitive industry?


A) Which of the following does not represent a profit-maximizing condition for a firm operating in a perfectly competitive industry? A)    B)    C)    must be increasing. D)  MC must be falling.
B) Which of the following does not represent a profit-maximizing condition for a firm operating in a perfectly competitive industry? A)    B)    C)    must be increasing. D)  MC must be falling.
C) Which of the following does not represent a profit-maximizing condition for a firm operating in a perfectly competitive industry? A)    B)    C)    must be increasing. D)  MC must be falling. must be increasing.
D) MC must be falling.

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