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Card 6
Front
When can a perfectly competitive firm make a loss?
Back
Card 7
Front
When will firms decide to leave the industry ?
Back
Card 8
Front
Describe perfectly competitive revenue curves
Back
Card 9
Front
How useful is perfect competition?
Back
Card 10
Front
How efficient is perfect competition?
Back
Card 11
Front
How efficient is a monopoly?
Back
Card 12
Front
What are the benefits of perfect competition?
Back
Card 13
Front
Define economic efficiency
Back
Card 14
Front
Define static efficiency
Back
Card 15
Front
Describe technical efficiency
Back
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