Consider the information provided in Problem 23-4. Suppose the market price drops to only $5 per pizza.

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Consider the information provided in Problem 23-4. Suppose the market price drops to only $5 per pizza. In the short run, should this pizza shop continue to make pizzas, or will it maximize its economic profits (that is, minimize its economic loss) by shutting down?
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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