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Short run VS long run costs 1) (4 points) T/F/U: If a prot-maximizing rm has no xed costs, then in the short run, they will

Short run VS long run costs

1) (4 points) T/F/U: If a prot-maximizing rm has no xed costs, then in the short run, they will never make a loss, no matter what the market price is. (That is, their prot is always at least zero)

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