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Author Question: Survivability in a perfectly competitive world requires that A) firms minimize average total ... (Read 100 times)

stevenposner

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on: Jul 1, 2018
Survivability in a perfectly competitive world requires that
 
  A) firms minimize average total cost.
  B) firms produce new and different products.
  C) firms maximize profit.
  D) firms maximize revenue.

Question 2

What is one reason firms might lobby to prevent entry into their market?
 
  A) The long run equilibrium might be characterized by P = MC = ATC.
  B) The long run equilibrium might be characterized by P = MC < ATC.
  C) The long run equilibrium might be characterized by P > MC = ATC.
  D) The long run equilibrium might be characterized by P = MC > ATC.
Microeconomics ¦ Perloff ¦ 8th Edition
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mohan

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Reply #1 on: Jul 1, 2018
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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stevenposner

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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