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Question 40 (1 point) Listen Figure 12-2 Marginal Cost $60 Average D $45 Total $40 Cost Average $30 variable Cost $10 200 450 | 800
Question 40 (1 point) Listen Figure 12-2 Marginal Cost $60 Average D $45 Total $40 Cost Average $30 variable Cost $10 200 450 | 800 650 Refer to Figure 12-2. In the short run, if the market price falls to $40 per unit, the firm should continue to operate temporarily, because it is minimizing losses by doing so O shut down temporarily. continue to operate, because it is earning an economic profit. shut down permanently. Next Page Page 20 of 25 Previous Page
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