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11 Dec 2019
To maximize profits, the perfectly competitive firm should produce output at an output where:
A. the difference between price and marginal cost is at its maximum
B. total cost equals total revenue
C. price equals marginal cost
D. total revenue equals variable cost
To maximize profits, the perfectly competitive firm should produce output at an output where:
A. the difference between price and marginal cost is at its maximum
B. total cost equals total revenue
C. price equals marginal cost
D. total revenue equals variable cost
Kristelle BalandoLv10
31 Aug 2020
