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Suppose the rm currently produces at prot maximizing quantity of output and faces the price above the Average Fixed Costs but below Average Total Costs.
Suppose the rm currently produces at prot maximizing quantity of output and faces the price above the Average Fixed Costs but below Average Total Costs. In the short run the rm is 0 Facing losses but there is not enough information to conclude if it should shut down. 0 Facing positive prots and should continue operating. 0 The rm is facing losses but should continue operating. When the firm is making losses in the short run (P
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