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Title: If the market price is lower than a perfectly competitive firm's average total cost, the firm willA) Post by: Loraine on Jun 21, 2015 If the market price is lower than a perfectly competitive firm's average total cost, the firm will
A) immediately shut down. B) continue to produce if the price exceeds the average fixed cost. C) continue to produce if the price exceeds the average variable cost. D) shut down if the price exceeds the average fixed cost. E) shut down if the price is less than the average fixed cost. Title: Re: If the market price is lower than a perfectly competitive firm's average total cost, the firm wi Post by: Smoooth on Jul 29, 2015 Content hidden
Title: Re: If the market price is lower than a perfectly competitive firm's average total cost, the firm willA) Post by: Smoooth on Aug 31, 2015 No problemo :-]
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