Which of the following conditions guarantee that a firm will achieve productive efficiency in the long run?
A) The total cost of production IS equal to the total benefit to consumers on all units sold.
B) There are multiple firms In the market.
C) The market price Is equal to the minimum long-run average cost.
D) The market for its product Is perfectly competitive.
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Which of the following conditions guarantee that a firm will achieve productive efficiency in the lo...
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