| http://www.w3.org/ns/prov#value | - This tends to be the case in industries where capital costs predominate, creating economies of scale that are large in relation to the size of the market, and hence high barriers to entry; examples include public utilities such as water services and electricity. ] User: If a perfectly competitive firm is producing a quantity that generates P > MC, then profit: (More)QuestionExpert AnsweredAsked 7/
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