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The cost and revenue curves for a perfectly competitive market are shown in this figure below: Production decision_exam 2.jpg What best describes how a firm

The cost and revenue curves for a perfectly competitive market are shown in this figure below: Production decision_exam 2.jpg What best describes how a firm would respond in the short-run? Group of answer choices Exit the industry Increase output to increase revenue Charge a higher price Increase output to decrease average total cost Shut down

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