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accompanying graph. If this firm is a price taker and the price of each unit of output is $15, then this firm should The graph

accompanying graph. If this firm is a price taker and the price of each unit of output is $15, then this firm should The graph plots quantity versus cost in dollars. Three curves marked M C, A T C and A V are shown in the graph. Select one: a. lower its output to decrease its marginal cost. b. raise its price to increase its revenue. c. produce 60 units of output. d. shut down in the short run

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