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Title: If a firm's average total cost is less than price where MR = MC Post by: Alek Hsiang on Feb 27, 2019 If a firm's average total cost is less than price where MR = MC
• the firm should shut down. • the firm should raise its price. • the firm should continue to produce the output it is producing. • the firm should cut back on its output to lower its cost. Title: If a firm's average total cost is less than price where MR = MC Post by: jenniferagrethe on Feb 27, 2019 Content hidden
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