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A perfectly competitive firm is said to be productively efficient in the long run because Group of answer choices A.it is operating where gains from
A perfectly competitive firm is said to be productively efficient in the long run because
Group of answer choices
A.it is operating where gains from trade are maximized.
B.it experiences zero economic profit.
C.its output level minimizes the value of its long run average total costs.
D.it is choosing an output level that maximizes profit.
E.it successfully satisfies the "bang per buck" rule.
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