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If , at the profit - maximizing level of output, average costs are less than average revenue, a perfectly competitive firm will be eventually shiff
If at the profitmaximizing level of output, average costs are less than average revenue, a perfectly competitive firm will be eventually shiff and we would expect supply to
A incurring economic losses; outward
B incurring economic losses; inward
C making economic profits; outward
D making economic profits; inward
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