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| 10.Which of the following statements about price takers and price searchers is most accurate? A:A:Price takers maximize profits at the point price = marginal revenue = marginal cost B:B:In the long run, both price takers and price searchers maximize profits at the quantity corresponding to the minimum point on the average total cost curve C:C:In the long run, both price takers and price searchers will have zero economic profits. |
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