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15 January, 17:23

In a price-taker market, if a business produces efficiently the firm will be able to make at least a normal profit. True of False. Explain.

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  1. 15 January, 17:35
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    true

    Explanation:

    if a business produce efficiently then the firm will be able to make at least a normal profit because they will get more customers and refferals because they will become popular through this means and consumer satisfaction is guaranteed through this
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