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If a firm is earning positive economic profits, then the firms A)Average cost of production is equal to its average revenue B)Average cost of production

If a firm is earning positive economic profits, then the firms

A)Average cost of production is equal to its average revenue

B)Average cost of production is lower than the price of its product

C)Total costs of production are higher than its total revenues

D)Marginal cost of production is equal to the price of its product

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