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-To Maximize Its Profit,a Perfectly Competitive Firm Produces So That

Question 83

Multiple Choice

-To maximize its profit,a perfectly competitive firm produces so that ________ and a single-price monopoly produces so that ________.

A) MR = MC; MR > MC
B) MR > MC; MR = MC
C) MR = MC; MR = MC
D) MR > MC; MR > MC
E) P = ATC; P = ATC

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