Question: When is an industry productively efficient A. When the market price for the good or service in that industry is the same as marginal revenue

When is an industry productively efficient

A. When the market price for the good or service in that industry is the same as marginal revenue

B. When the average total cost curve intersects the marginal revenue curve at its lowest point

C. When the short-run equilibrium market price is above the long-run equilibrium market price

D. When firms in that industry produce the amount of output that intersects with the minimum of their ATC curves

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