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If a firm chooses to produce output in the short run, how much output will it produce. Explain why the firm will choose that quantity.

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If a firm chooses to produce output in the short run, how much output will it produce. Explain why the firm will choose that quantity. Which quantity of output is best for the overall society? Explain why that quantity is so good for society. Will the ideal quantity of output for the firm be the same quantity as the ideal quantity for society? Explain

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