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Use this graph for questions 3 4 and 3 5 . The above graph is the short run condition of a perfectly competitive firm. What
Use this graph for questions and
The above graph is the short run condition of a perfectly competitive firm. What will this firm do in the short run and long run?
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Shutdown in the short run
Produce in the short and long run
Produce in the short run and shutdown in the long run
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