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Other Fields Homework Help Economics Topic started by: thanhha78 on Aug 29, 2017



Title: If average total cost > average variable cost > price, a profit maximizing firm in a perfectly ...
Post by: thanhha78 on Aug 29, 2017
If average total cost > average variable cost > price, a profit maximizing firm in a perfectly competitive market should
A) continue to produce its current output level.
B) increase its output level to minimize its loss.
C) shut down in the short run.
D) none of the above


Title: Re: If average total cost > average variable cost > price, a profit maximizing firm in a ...
Post by: trumpetsoflife on Aug 29, 2017
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Title: Re: If average total cost > average variable cost > price, a profit maximizing firm in a perfectly ...
Post by: thanhha78 on Dec 6, 2017
can't thank you enough for this, appreciate it a lot