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Bread shops are perfectly competitive . At current production level motzi bread estimates the following. Price per loaf $6 Quantity of bread sold 250 Total
Bread shops are perfectly competitive . At current production level motzi bread estimates the following. Price per loaf $6 Quantity of bread sold 250 Total variable cost $2,000 Motzi bread is operating where avc is minimized . Based on knowledge of economics what should motzi do? A increase output B decrease output C keep production at the same level D shut down immediately E we need more information
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