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    Economics Today Study Set 1
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    Exam 23: Perfect Competition
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    Which of the Following Is Always TRUE for a Perfectly
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Which of the Following Is Always TRUE for a Perfectly

Question 128

Question 128

Multiple Choice

Which of the following is always TRUE for a perfectly competitive firm?


A) P = d = MR
B) P = d = AVC
C) MC = MR = AVC
D) AVC = ATC = P

Correct Answer:

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