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accompanying figure. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 10 cents, then this firm The graph plots
accompanying figure. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 10 cents, then this firm The graph plots quantity of doughnuts per day versus price in dollars per doughnut. A dashed curve and a curve intersect at (50, 0.10). Select one: a. should shut down in the long run. b. should shut down. c. should produce 50 doughnuts. d. will earn an economic loss
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