Why is the portion of the marginal cost curve above the
Describe how firms in Perfect Competition achieve both allocative and productive efficiency. Why is the portion of the marginal cost curve above the minimum average variable cost the short run supply curve in Perfect Competition?
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describe how firms in perfect competition achieve both allocative and productive efficiency why is the portion of the
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think about any local sports stadium it has a fixed and limited capacity how could you use the supply and demand model
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