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10 Dec 2018
1- How does the price faced by a profit-maximizing competitive firm compare to its marginal cost? Explain.
2- When does a profit-maximizing competitive firm decide to shut down?
3- When does a profit-maximizing competitive firm decide to exit a market?
1- How does the price faced by a profit-maximizing competitive firm compare to its marginal cost? Explain.
2- When does a profit-maximizing competitive firm decide to shut down?
3- When does a profit-maximizing competitive firm decide to exit a market?
larryrambo777Lv10
26 Mar 2023
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Beverley SmithLv2
10 Dec 2018
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