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According to the article, which of the following statements must be true regarding profit maximization in the short run? Check all that apply. If total
According to the article, which of the following statements must be true regarding profit maximization in the short run? Check all that apply. If total revenue is greater than total variable costs, the airline should sell a positive quantity of tickets. If fixed costs are large enough, the airline should cancel its flight. If it is profitable for an airline to sell a positive quantity of tickets, the quantity where marginal revenue equals marginal cost is profit maximizing
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