Why would a profit-maximizing, perfectly competitive firm continue to operate for a period of time if price

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Why would a profit-maximizing, perfectly competitive firm continue to operate for a period of time if price was greater than average variable cost but less than average total cost?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 17, 2023 05:26 AM

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Why would a profit-maximizing, perfectly competitive firm continue to operate for a period of time if price

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