For a Perfectly Competitive Sugar Producer in Haiti,a Short-Run Economic

question 162

Multiple Choice

For a perfectly competitive sugar producer in Haiti,a short-run economic profit will occur if the price of each ton of sugar sold is

• A) greater than the average total cost of producing sugar.
• B) equal to the average total cost of producing sugar.
• C) less than the average total cost of producing sugar.
• D) rising as more sugar is sold.
• E) greater than the marginal revenue of each ton of sugar.

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