In the long run a perfect competitor will

A) maximize profits and operate at peak efficiency.
B) maximize profits and not operate at peak efficiency.
C) not maximize profits or operate at peak efficiency.
D) not maximize profits but will operate at peak efficiency.

Maximize Profits

A strategy or goal where a firm or individual seeks to achieve the highest possible profit from its operations.

Peak Efficiency

The state of operation in which a system or process achieves its maximum output with the lowest input, often ideal in terms of productivity.