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Answer to Question #95368 in Economics for Wilson Pilane

Question #95368
How do you calculate the short run conditions of a firm in a perfectly competitive market
1
Expert's answer
2019-10-01T12:37:44-0400

A short run competitive equilibrium is a situation in which, given the firms in the market, the price is such that that total amount the firms wish to supply is equal to the total amount the consumers wish to demand.


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