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Evaluate the following statement: In the short run, information about a perfectly competitive firm's fixed costs is needed to determine both the profit-maximizing level of

Evaluate the following statement: In the short run, information about a perfectly competitive firm's fixed costs is needed to determine both the profit-maximizing level of output and the amount of profit earned when producing that level of output. Provide an example of companies that illustrate your discussion. You may not use any of the same companies as your classmates(do not choose Nike)

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