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2.A perfectly competitive firm maximizes profit in the short run by producing the quantity at which: a. TR = TC. b. MR = MC. c.

2.A perfectly competitive firm maximizes profit in the short run by producing the quantity at which:

	a.	TR = TC.
	b.	MR = MC.
	c.	Q (P - ATC) = 0.
	d.	P < AVC.

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