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Initially, the selling price of a good is $64.4 while the cost to produce the good is $21.84. If fixed costs are $918 and an
Initially, the selling price of a good is $64.4 while the cost to produce the good is $21.84. If fixed costs are $918 and an anticipated 591 units are being sold, what is the lowest price this good can fall to before the company should shut down in the short run (all else equal)?
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