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QUESTION 5 A perfectly competitive firm in the short run has a minimum AVC=$4 and a minimum ATC=$5. What is the price at which the
QUESTION 5
- A perfectly competitive firm in the short run has a minimum AVC=$4 and a minimum ATC=$5. What is the price at which the firm will break even?
- a.$3
- b.$2
- c.$5
- d.$4
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Microbiology A Systems Approach
Authors: Marjorie Kelly Cowan
5th Edition
1259947963, 9781259947964
