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Home Q & A Board Other Fields Homework Help Business Economics
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insherro insherro
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7 years ago
Assume a firm is facing the following situation: At Q = 1,000, P = $10, MC = $10, ATC = $18, and AVC = $16. This firm should shut down and, in so doing, limit its losses to $2,000.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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University of Ottawa - Economics for Managers
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toogootoogoo
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insherro Author
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Good timing, thanks!
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