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Title: If, for a perfectly competitive firm, price is greater than average variable cost, then it follows that Post by: jwalker824 on Oct 1, 2023 If, for a perfectly competitive firm, price is greater than average variable cost, then it follows that ▸ total revenue is greater than total cost. ▸ total revenue is greater than total variable cost. ▸ the firm will lose more or earn less by shutting down in the short run than by continuing to produce. ▸ b and c ▸ There is not enough information to answer the question. Title: Re: If, for a perfectly competitive firm, price is greater than average variable cost, then it follows that Post by: brendasants on Oct 1, 2023 Content hidden
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