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A perfectly competitive firm will maximize the size of its economic profit each period if its owners ensure: Select one: a.the firm's output maximizes total
A perfectly competitive firm will maximize the size of its economic profit each period if its owners ensure:
Select one:
a.the firm's output maximizes total revenue
b.the firm's total production cost is minimized
c.the firm produces an output level such that marginal cost = marginal revenue
d.all of the above.
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