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(2B) Businesses that sell their products at average prices below their average costs lose money and eventually go out of business. However, price less than
(2B) Businesses that sell their products at average prices below their average costs lose money and eventually go out of business. However, price less than average cost is preciser what is true in public higher education, where the prices students pay are well below the costs expended to educate them. However, very few colleges and universities (public or private) are going out of business. 'Why not
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