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blazingferrai blazingferrai
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5 years ago
A firm earning economic losses should operate in the short run as long as
A) the price per unit sold is greater than the average fixed cost per unit produced.
B) the price per unit sold is greater than the average variable cost per unit produced.
C) marginal revenue is at least the price per unit sold.
D) the price per unit sold is equal to or greater than the marginal cost of production.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Gabriel310Gabriel310
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Posts: 200
5 years ago
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blazingferrai Author
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5 years ago
Helps a lot... Now I'm ready for my quiz
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