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1.In the short run, a firm in a perfectly competitive market should only produce a good or service a) as long as price per unit

1.In theshortrun, a firm in a perfectly competitive market should only produce a good or service

a) as long as price per unit is greater than the firm's fixed cost per unit

b) as long as they are able to cover their marginal cost

c) as long as other firms are exiting the market

d) only if supply is inelastic

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