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Suppose a given firm operating in a perfectly competitively market. TFC = $ 7000, TVC = $ 5000 and TR = $6000. A. Should the

Suppose a given firm operating in a perfectly competitively market. TFC = $ 7000, TVC = $ 5000 and TR = $6000.

A. Should the firm stay in the business, under the current situation?

B. WhatwillbeyouransweriftheTRchangesto$400?

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