Answer:
Explanation:D is ccoreect marginal cost exceed
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Option D. Marginal cost exceeds marginal revenue at the current level of production is the correct answer.
Explanation:
Over time, when a company can recover both fixed and variable costs, it will opt out if the price is less than the total cost. In a market with free entry and exit, profits are driven to zero over time and all firms are producing at an effective rate.
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