ECO 365 WEEK 2 KNOWLEDGE CHECK

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Questions to ECO 365 Week 2 Knowledge Check are as follow: 1. A perfectly competitive firm will be profitable if price at the Profit maximizing quantity is above MC ACV ATC AFC 2. in a perfectly competitive market, individual producers determine market prices market supply and market demand determine the price the entrepreneur determines the price individual

Questions to ECO 365 Week 2 Knowledge Check are as follow: 1. A perfectly competitive firm will be profitable if price at the Profit maximizing quantity is above MC ACV ATC AFC 2. in a perfectly competitive market, individual producers determine market prices market supply and market demand determine the price the entrepreneur determines the price individual

Questions to ECO 365 Week 2 Knowledge Check are as follow: 1. A perfectly competitive firm will be profitable if price at the Profit maximizing quantity is above MC ACV ATC AFC 2. in a perfectly competitive market, individual producers determine market prices market supply and market demand determine the price the entrepreneur determines the price individual

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