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The zero-profit point for a firm in a perfectly competitive market will occur where: a. MC=AC=P b. MR=FC c. MC=AVC d. AC=AVC
The zero-profit point for a firm in a perfectly competitive market will occur where:
| a. | MC=AC=P | |
| b. | MR=FC | |
| c. | MC=AVC | |
| d. | AC=AVC |
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
