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A profit-maximising organisation in a competitive market will always make marginal adjustments to production as long as: Select one: a.average revenue is greater than average

A profit-maximising organisation in a competitive market will always make marginal adjustments to production as long as:

Select one:

a.average revenue is greater than average total cost

b.price is above or below marginal cost

c.average revenue is equal to marginal cost

d.marginal cost is greater than average total cost

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