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Answer to Question #216781 in Microeconomics for Ehliey

Question #216781

A perfectly competitive firm is in equilibrium where marginal cost is equal to marginal revenue because:


1
Expert's answer
2021-07-14T12:02:09-0400

A perfectly competitive firm is in equilibrium where marginal cost is equal to marginal revenue because it cannot determine the prices and demand of the products it offers.


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