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    Principles of Microeconomics Study Set 5
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    Exam 7: The Production Process: the Behavior of Profit-Maximizing Firms
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    Perfectly Competitive Firms Must Make All of the Following Decisions
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Perfectly Competitive Firms Must Make All of the Following Decisions

Question 106

Question 106

Multiple Choice

Perfectly competitive firms must make all of the following decisions EXCEPT


A) how much output to supply.
B) which production technology to use.
C) how much of each input to demand.
D) what price to charge for its output.

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