Suppose a perfectly competitive firm sees that price is 23
Suppose a perfectly competitive firm sees that price is $23 in the market place. It notices that the cost of producing the next unit of output is $26. What advice would you give to this firm? Explain your answer.
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suppose a perfectly competitive firm sees that price is 23 in the market place it notices that the cost of producing
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consider our competitive market described by the supply and demand model if there are no externalities explain why
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