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12- Because of the relationship between a perfectly competitivefirm's
demand curve and its marginal revenue curve, the profitmaximization
condition for the firm can be written as:

A. P = MR.
B. P = AVC.
C. AR = MR.

D. P = MC.

Jul 26th, 2015

Thank you for the opportunity to help you with your question!

Thank you for the opportunity to help you with your question!

C. AR = MR.

Please let me know if you need any clarification. I'm always happy to answer your questions.Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 26th, 2015

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