34) In the short run, the profit

-

maximizing behaviour for a price

-

taking firm requires it to operate

where

A)

P

=

MC

, given that

P

is greater than or equal to

AVC

.

B)

P

>

MR

>

MC

.

C)

P

=

MC

, given that

P

is greater than or equal to

ATC

.

D)

AVC

=

AR

.

E)

P

=

TR

=

TC

.

34)

7