hunter7575 hunter7575
  • 23-02-2018
  • Business
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When a firm in perfect competition has economic profit is equal to zero?

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kaliyahbenning2
kaliyahbenning2 kaliyahbenning2
  • 26-02-2018
In order to maximize profits in a perfectly competitivemarket, firms set marginal revenue equal to marginal cost (MR=MC).
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