“Profit-maximizing firms enter a competitive market when existing firms in that market have Oa. total revenues that exceed fixed costs. Ob. average total costs that exceed average revenue. Oc. average total costs that are less than market price. Od. total revenues that exceed total variable costs.” https://content.bartleby.com/qna-images/question/cd3950ac-7d9e-45bb-804f-1e73f03533cb/7345629a-a4b4-4158-a2ed-a38340906b75/m0xlmrf_thumbnail.png

 

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