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Discuss the trade-offs between short term shut downs, and continuation of operation at a loss. How wouldthis look in a typical year? How do you
Discuss the trade-offs between short term shut downs, and continuation of operation at a loss. How wouldthis look in a typical year? How do you think this will change in the post COVID world?
[Please use your own words and views to answer this essay question in a few sentences, one or two paragraphs. We are not looking for THE right answer - we want to see how you use microeconomics principles to interpret real life issues...]
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