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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
When total costs are greater than total revenue,
A) fixed costs must be high.
B) a firm is suffering losses.
C) a firm should shut down immediately.
D) the firm must be producing on the elastic range of its demand curve.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 244 times
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SmooothSmoooth
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Top Poster
Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
8 years ago
No problemo Happy Dummy
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