Explain why the P = MC rule is the same as the MR = MC rule for

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Explain why the P = MC rule is the same as the MR = MC rule for perfectly competitive firms.

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Question Posted: Jun 20, 2016 12:33 AM

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Explain why the P = MC rule is the same as the MR = MC rule for

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Perfectly competitive firms are price takers This ...View the full answer

Managerial Economics

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