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Here are the best resources to pass ECS 2601 ASSIGNMENT 2. Find ECS 2601 ASSIGNMENT 2 study guides, notes, assignments, and much more.
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ECS 2601 ASSIGNMENT 2
Exam (elaborations) • 9
pages
• 2021
1. That the firm is perfectly competitive is evident from its …

1. constant marginal revenue.

2. increasing marginal cost.

3. increasing total cost.

4. zero economic profit.

2. The maximum profit available to the firm is …

1. R20

2. R30

3. R35

4. R155

This study source was downloaded by from CourseH on 08-19-2021 12:06:45 GMT -05:00


This study resource was

shared via CourseH

3. The average cost for the firm in the table above ...

1. cannot be determined from the information g...
1. That the firm is perfectly competitive is evident from its …

1. constant marginal revenue.

2. increasing marginal cost.

3. increasing total cost.

4. zero economic profit.

2. The maximum profit available to the firm is …

1. R20

2. R30

3. R35

4. R155

This study source was downloaded by from CourseH on 08-19-2021 12:06:45 GMT -05:00


This study resource was

shared via CourseH

3. The average cost for the firm in the table above ...

1. cannot be determined from the information g...
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