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Why will a firm not exit an industry even if it is not making a profit? a. It can still cover the variable costs of
Why will a firm not exit an industry even if it is not making a profit? a. It can still cover the variable costs of production. b. It can still cover the fixed costs of production. c. It is seeking to lower its MC by making feasible, long-term adjustments d. It anticipates future changes in market structure
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