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Title: If a firm doesn't make an economic profit, it will shut down. Post by: PaulKet on Nov 12, 2017 If a firm doesn't make an economic profit, it will shut down.
Title: Re: If a firm doesn't make an economic profit, it will shut down. Post by: desperado2 on Nov 12, 2017 False. The firm compares its losses from operating with its losses when shutting down and will shut down if the latter loss is less.
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