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Author Question: In the long run, perfectly competitive firms will exit the market if the price is (Read 114 times)

bcretired

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on: May 24, 2019
In the long run, perfectly competitive firms will exit the market if the price is
◦ higher than average variable cost.
◦ equal to average total cost.
◦ less than average total cost.
◦ equal to average fixed cost.
◦ equal to marginal revenue.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by bcretired on May 24, 2019

kristenb95

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bcretired

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Reply #2 on: May 24, 2019
Thank you!


kristenb95

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Reply #3 on: May 24, 2019
Always glad to help...


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