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A unique firm in a perfectly competitive market has an unusual business model.The firm maximizes its total revenue while not making an economic loss. In
A unique firm in a perfectly competitive market has an unusual business model.The firm maximizes its total revenue while not making an economic loss.
In this situation would the following statement be True or False and why?: "This firm has a short-run supply curve, and the firm's short-run supply curve is the firm's marginal cost curve above its average total cost curve."
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