The profit that is earned by a firm in a perfectly competitive market is the:

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In a perfectly competitive market, profit is calculated as the quantity produced multiplied by the difference between the market price and the average total cost (ATC) of production. This is because firms in perfect competition are price takers and can sell as much as they want at the market price, so profit per unit is the price minus the ATC, and total profit is this margin multiplied by the quantity produced.

The Profit That Is Earned by a Firm in a Perfectly