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see image C) W4 1% A rm in a competitive market produces a positive quantity as long as O P>AC o P>MC o P>FC o

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C) W4 1% A rm in a competitive market produces a positive quantity as long as O P>AC o P>MC o P>FC o P>AVC I'nZIES 153 True or False: If a rm makes negative prot, it is always better off shutting down in the short run 0 False 0 True

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