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stevengu246 stevengu246
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5 years ago



In the above figure, if the market price is $8, the firm

• continues to produce but at an economic loss.

• produces 10 units.

• continues to produce but at an economic profit.

• shuts down operations.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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urbacoreurbacore
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