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Refer to the graph below. Assuming that the industry operates under conditions of perfect competition and that the firms seek to maximize profits each firm in the industry will:
A. produce 1000 square feet of construction per month in the short-run.
B. produce 800 square feet of construction per month in the short-run.
C. incur economic losses in the short-run.
Answer: A
Explanation:
Price equals marginal cost at this output level in the short-run.
NEW QUESTION: 2
You want to verify if there are unsaved changes in GAiA that will be lost with a reboot. What command can
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A. show configuration diff
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C. show save-state
D. show config-state
Answer: D
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Security Engineer
Lambda function execution role
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