Complete the sentence. In perfect competition, a firm maximizes its economic profit if it produces the output at which _______. A. total revenue equals total cost B. price equals marginal revenue C.

Complete the sentence. In perfect competition, a firm maximizes its economic profit if it produces the output at which _______.

A. total revenue equals total cost
B. price equals marginal revenue
C. total cost equals marginal revenue
D. price equals marginal cost

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Complete the sentence. In perfect competition, a firm maximizes its economic profit if it produces the output at which _______. A. total revenue equals total cost B. price equ…

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Complete the sentence. In perfect​ competition, a firm maximizes its economic profit if it produces the output at which​ _______. A. total revenue equals total cost B. price equ…

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Complete the sentence. In perfect competition, a firm maximizes its economic profit if it produces the output at which _______. A. total revenue equals total cost B. price equ…