hinamibarden2918 hinamibarden2918
  • 22-11-2022
  • Business
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consider a profit-maximizing firm in a competitive industry. under which of the following situations would the firm choose to produce where mr = mc?
Yes?/No? Minimum AVC < Price < minimum ATC.
Yes?/No? Price > minimum ATC.
Yes?/No? Price < minimum AVC

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