Question: Question 2 8 A competitue firm will maximize profits at that output at whith total reverue and total cost are equali. the difference between marginal
Question
A competitue firm will maximize profits at that output at whith
total reverue and total cost are equali.
the difference between marginal revenue and price is at a maximum.
total revenue exceeds total cost by the greatest amount.
price exceeds average total cost by the largest amount.
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