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Please assist with the following question 4 of 25 In Perfect Competition, when MR > MC, the firm O is maximizing profits O should produce

Please assist with the following question

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4 of 25 In Perfect Competition, when MR > MC, the firm O is maximizing profits O should produce more O should produce less O is maximizing revenue 5 of 25 If the price that a firm charges is higher than its average cost of production for the quantity produced, then the firm will: O break even make a profit O make a loss O shut down 6 of 25 In Perfect Competition, a profit-maximizing firm will follow the pricing rule: O P = AVC O P = VC O P = TC O P = MC

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