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The zero-profit point for a firm in a perfectly competitive market will occur where: a.MC=AC=P b.MC=AVC c.MC=MP d.AC=AVC
The zero-profit point for a firm in a perfectly competitive market will occur where:
a.MC=AC=P
b.MC=AVC
c.MC=MP
d.AC=AVC
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
