Which Statement Is True? in the Short Run,a Perfect Competitor

question 188

Multiple Choice

Which statement is true? In the short run,a perfect competitor will

• A)operate at its most efficient output only if it is making a profit.
• B)operate at its most efficient output only if it is taking a loss.
• C)operate at its most efficient output if it is making a profit or taking a loss.
• D)not operate at its most efficient output if it is making a profit or taking a loss.

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