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If the market price is below the average variable cost, the firm is: Multiple choice question. losing money in the short run and should shut
If the market price is below the average variable cost, the firm is: Multiple choice question. losing money in the short run and should shut down. breaking even in the short run and should shut down. making money in the short run and should keep producing. losing money in the long run and should shut down
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
