Author Question: For a perfectly competitive sugar producer in Haiti, a short-run economic profit will occur if the ... (Read 41 times)

tsand2 · **on:** May 24, 2019

For a perfectly competitive sugar producer in Haiti, a short-run economic profit will occur if the price of each ton of sugar sold is
◦ greater than the average total cost of producing sugar.
◦ equal to the average total cost of producing sugar.
◦ less than the average total cost of producing sugar.
◦ rising as more sugar is sold.
◦ greater than the marginal revenue of each ton of sugar.

helenmarkerine · **Reply #1 on:** May 24, 2019

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