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Refer to Figure 9-1. The diagram shows cost curves for a perfectly competitive firm. If the market price is P 2 , the profit-maximizing firm
Refer to Figure 9-1. The diagram shows cost curves for a perfectly competitive firm. If the market price is P 2 , the profit-maximizing firm in the short run should
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Microeconomics Theory and Applications with Calculus
Authors: Jeffrey M. Perloff
3rd edition
133019934, 978-0133019933
