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Andika is deciding whether to open a company to produce step stools. He should start the company if he expects that: his price will exceed
Andika is deciding whether to open a company to produce step stools. He should start the company if he expects that:
his price will exceed his average cost.
his variable cost per unit will be below his average cost.
the number of step stool manufacturers will soon decrease.
the average cost curve will shift downward.
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