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if a firm in perfect competition earns zero profits, A. total revenue isequalto total variable cost. B. the price isequalto average total cost. C. the
if a firm in perfect competition earns zero
profits,
A. total revenue isequalto
total variable cost.
B.the price isequalto
average total cost.
C. the price isequalto
marginal cost.
D. the price isgreaterthan
marginal cost.
The supply curve of a firm in perfect competition is
A. its average total cost curve.
B. its marginal cost curve.
C. the same as its TC
curve.
D. its marginal revenue curve.
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