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A firm in a perfectly competitive market will tend to expand its output as long as: a. its marginal revenue price is greater than the

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A firm in a perfectly competitive market will tend to expand its output as long as: a. its marginal revenue price is greater than the marginal cost b. the market price is greater than the marginal revenue c. the market price is greater than the marginal cost d. its marginal revenue is greater than the market price

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