If the perfect competitor is making a profit,its output will be ____ it's most efficient output.
A) more than
B) equal to
C) less than
Correct Answer:
Verified
Q130: If the demand curve of a perfect
Q131: Q132: A firm that is operating at peak Q133: If an industry is in long-run perfectly Q134: If the perfect competitor is taking a Q136: The industry that comes closest to perfect Q137: For a perfectly competitive firm, Q138: Under perfect competition,price is equal to Q139: If the average total cost curve of Q140: Which of the following statements is correct?
A)price is always
A)marginal revenue.
B)total
A)The
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