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In the diagram below the perfectly competitive firm sells its product at price p = $5.50. Which of the following responses best describes what area
In the diagram below the perfectly competitive firm sells its product at price p = $5.50. Which of the following responses best describes what area B is measuring? fixed_costs.jpg Group of answer choices The firm's revenue in excess of its variable cost. The maximum amount of fixed costs which the firm can pay before running out of revenue. The amount of money which is saved by continuing to operate versus shutting down. All of the options are correct
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