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21) Society will produce the efficient mix of output if all firms equate A) price and marginal cost. B) price and average total cost. C)
21) Society will produce the efficient mix of output if all firms equate
A) price and marginal cost.
B) price and average total cost.
C) marginal cost and average total cost.
D) price and marginal revenue.
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
