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Author Question: If a firm is maximizing its profit and producing less than the output at which its average total ... (Read 151 times)

future617RT

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on: May 24, 2019
If a firm is maximizing its profit and producing less than the output at which its average total cost is minimized, then that firm
◦ must be suffering an economic loss.
◦ must be earning an economic profit.
◦ has excess capacity.
◦ is producing at its capacity output.
◦ must be earning a normal profit.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by future617RT on May 24, 2019

ynlevi

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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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future617RT

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

carojassy25

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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