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For the question below I am assuming the correct answer is d. will sell its good at market price . Please explain step by
For the question below I am assuming the correct answer is "d. will sell its good at market price". Please explain step by step if it is right or wrong.
Question:
To maximize economic profit, a perfectly competitive firm:
Select one:
a. will sell its good below the market price
b. all of the above
c. will sell its good above the market price.
d. will sell its good at the market price
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