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In the short-run, a firm in pure competition will continue to produce, even with a loss, if: A. price is less than marginal cost. B.
- In the short-run, a firm in pure competition will continue to produce, even with a loss, if:
A. price is less than marginal cost.
B. price is less than average fixed cost.
C. price is more than average fixed cost.
D. price is more than average variable cost.
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Introduction to Behavioral Economics
Authors: David R. Just
1st edition
0470596228, 978-0470596227
