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Question 11 2 points Saved Consider two competitive firms, firm A and firm B, in a perfectly competitive industry. Each firm is in a short
Question 11 2 points Saved Consider two competitive firms, firm A and firm B, in a perfectly competitive industry. Each firm is in a short run equilibrium. If firm A has greater fixed cost than firm B and the two firms are otherwise identical, then O a. the two firms will charge the same price O b. firm A will make greater profit than firm B O c firm A will charge a higher price than firm B O d. there is insufficient information to determine the ranking of the prices or the profits of firms A and B
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