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Suppose a firm has a fixed cost of $2,000 and daily expenses of $200 per day. The firm generates $150 in revenue per day.

Suppose a firm has a fixed cost of $2,000 and daily expenses of $200 per day. The firm generates $150 in revenue per day. Given this information, the firm should: O shut down immediately because they cannot cover their variable costs Oshut down immediately because they cannot cover their fixed costs O continue operating as they have O shut down at the end of the month because they cannot cover fixed costs

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