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Think of an example, either from personal experience or from a business, that demonstrates the decision to shut down, but stay in a market. For
- Think of an example, either from personal experience or from a business, that demonstrates the decision to shut down, but stay in a market. For example, when might you take a break up not give up on a project entirely?
- Explain why either you might choose to stay home or a business might make the decision not produce in the short-run, yet stay in the activity or market in the long-run.
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
