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Price per unit: $6 Average Variable Cost: $4 Average Total Cost: $7 Marginal Cost: $5 What should the firm do in a perfectly competitive market?
- Price per unit: $6
- Average Variable Cost: $4
- Average Total Cost: $7
- Marginal Cost: $5
What should the firm do in a perfectly competitive market?
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Essentials of Economics
Authors: N. Gregory Mankiw
8th edition
1337091995, 978-1337515351, 1337515353, 978-1337091992
