For any given price, a firm in a competitive market will maximize profit by selecting the level of output where price intersects which curve?  A. marginal-revenue curve  B. average-total-cost curve  C. marginal-cost curve  D. average-variable-cost curve

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Firms In Competitive Markets
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66)For any given price, a firm in a competitive market will maximize profit by selecting the level of output where price intersects which curve?

  •  A. marginal-revenue curve
  •  B. average-total-cost curve
  •  C. marginal-cost curve
  •  D. average-variable-cost curve

65) 

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