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In the short-fun, a profit maximizing firm in a perfectly compellive industry will. Sook to maximize per unit profits O Produce at the rate where
In the short-fun, a profit maximizing firm in a perfectly compellive industry will. Sook to maximize per unit profits O Produce at the rate where ATC is at a minimum O Sock to maximize fixed costs which will minimize variable costs Produce at a rate where price equals marginal costs O Sook to maximize total rovonuo so as to maximize profits
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