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When a firm makes a short-run decision not to produce anything during a specified period of 6 The data represents a perfectly competitive time because

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When a firm makes a short-run decision not to produce anything during a specified period of 6 The data represents a perfectly competitive time because of current market conditions, model because: which of the following must be true? Marginal cost increases then decreases a. Ep = ATC Ep > AVC b. The industry faces a completely upward C. Ep Ep > AVC B) Ep > ATC D) MC

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