jasminestewart8766 jasminestewart8766
  • 21-03-2024
  • Business
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4819) What does a perfectly competitive firm do when product prices fall below the minimum average total costs (also known as the break-even price)?
a) Produce nothing
b) Produce if the price is greater than the minimum average variable cost
c) Have to raise prices
d) Earn positive economic profits

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