If the perfect competitor is taking a loss,its output will be _______ it's most efficient output.
A) greater than
B) equal to
C) less than
Correct Answer:
Verified
Q129: An example of a standardized product is
A)toothpaste.
B)a
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 Q135: If the perfect competitor is making 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
A)price is always
A)marginal revenue.
B)total
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