[Steps Shown] This same price taking firm would be earning an economic profit as long as the market price is greater than? _____ $72.30 _____ $106.70 _____ $92.70


Question: This same price taking firm would be earning an economic profit as long as the market price is greater than?

  1. _____ $72.30
  2. _____ $106.70
  3. _____ $92.70
  4. _____ insufficient information to answer this question.

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Solution: The downloadable solution consists of 1 pages
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