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  2. Show and explain the situation in which a profit maximizing, perfectly competitive firm is earning a negative profit and chooses to continue to produce in the short-run.

Show and explain the situation in which a profit maximizing, perfectly competitive firm is earning a negative profit and chooses to continue to produce in the short-run.

Posted by:Shadrack Posted on:Oct 27,2022
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Economic profit maximization A. Graph the profit maximization for a perfectly competitive firm. Show equilibrium profit and quantity. B. Show
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