In the short run, if a perfectly competitive firm produced at the quantity of productive efficiency?

Question by CPR: In the short run, if a perfectly competitive firm produced at the quantity of productive efficiency?
In the short run, if a perfectly competitive firm produced at the quantity of productive efficiency, would it generate the highest profit level possible? Why or why not?


Best answer:
Answer by DLThis is not a simple yes or no question or answer. Profit is a result of sales price being over cost to build and sell. A company can make a great product at a very low cost

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