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book Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson cover

Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson

النسخة 14الرقم المعياري الدولي: 978-1305506893
book Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson cover

Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson

النسخة 14الرقم المعياري الدولي: 978-1305506893
تمرين 6
"In a price-taker market, if a business operator produces efficiently-that is, if the cost of producing the good is minimized-the operator will be able to make at least a normal profit." True or false? Explain.
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False.
Cost minimizing (or profit maxim...

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Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
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