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assume a profit maximizing firms short run cost is tc =700+60Q. if it's demand curve is P=300-15Q, what should it do in the short run?
assume a profit maximizing firms short run cost is tc =700+60Q. if it's demand curve is P=300-15Q, what should it do in the short run? A)shut down. B)continue operating in the short run even though it is losing money. C) continue operating because it is earning an economic profit D) cannot be determined from above information
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