If all firms are profit maximizers,then the following is assured:
A)each firm is productively efficient.
B)that the economy reaches the production possibilities boundary.
C)allocative and productive efficiency.
D)allocative efficiency.
E)that firms attain the lowest possible average costs.

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The Answer of If all firms are profit maximizers,then the following is assured:
A)each firm is productively efficient.
B)that the economy reaches the production possibilities boundary.
C)allocative and productive efficiency.
D)allocative efficiency.
E)that firms attain the lowest possible average costs.

If All Firms Are Profit Maximizers,then the Following Is Assured