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Refer to Figure 14 - 7. In the short run the firm will produce but shut down in the long run if the price of

Refer to Figure 14 - 7. In the short run the firm will produce but shut down in the long run if the price of the good is less tha a . $ 8 0 . b . $ 1 2 5 . c . $ 1 0 0 . d . 175

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