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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profit maximizing firms setnbspmr nbspmc to choose the profit maximizing q and pmr p 1 1 suppose mc 1 and
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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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