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Question 15 As long as it does NOT shut down, a perfectly competitive firm eams the maximum profit as long as it operates so that

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Question 15 As long as it does NOT shut down, a perfectly competitive firm eams the maximum profit as long as it operates so that Not yet answered Marked out of 1.00 Flag question Select one: a. its price exceeds its marginal revenue. b. its price exceeds its average total cost. 0.c.market demand is inelastic O d. its marginal revenue equals its marginal cost

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