A perfectly competitive firm is currently maximising profit. If the cost of raw material decreases, the firm should rais
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A perfectly competitive firm is currently maximising profit. If the cost of raw material decreases, the firm should rais
A perfectly competitive firm is currently maximising profit. If the cost of raw material decreases, the firm should raise its price. lower its price. keep its price the same. U U increase its output. decrease its output. keep output at the current level.
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