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7 What is the basic economic condition to maximize profit (TT) in a perfectly competitive market? To maximize the gain (TT), the a. total income

7 What is the basic economic condition to maximize profit (TT) in a perfectly competitive market? To maximize the gain (TT), the a. total income (TR) equals total cost (TC). b. total income is greater than total cost (TC). c. marginal revenue (MR) equals marginal cost (MC). d. marginal revenue (MR) is not equal to marginal cost (MC)

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