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For a perfectly competitive firm, it will never operate on a loss in either short run or long run. True or False.
For a perfectly competitive firm, it will never operate on a loss in either short run or long run.
True or False.
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
