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Question 38 1 pts Table: Cost of Sprocket Manufacturing QuantityO Variable Cost Total Cost (Table: Total Cost of Sprocket Manufacturing) Look at the table Total
Question 38 1 pts Table: Cost of Sprocket Manufacturing QuantityO Variable Cost Total Cost (Table: Total Cost of Sprocket Manufacturing) Look at the table Total Cost Data. The table shows cost data for a sprocket firm operating in the short run. If the market for sprockets is perfectly competitive, and the price in the market is $45. In the short run this rm should 0 produce; stay in the market O not produce; stay in the market O produce; exit the market O not produce; exit the market
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