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Tidy Tidy
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8 years ago
Ted's Pancake Kitchen suffers a short-run loss. When should Ted decide to shut down rather than continue to produce?
A) if his Kitchen's revenue is less than its variable costs
B) if his Kitchen's revenue is less than its fixed costs
C) if his Kitchen's revenue is less than its explicit costs
D) if his Kitchen's revenue is less than its total costs
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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8 years ago
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Tidy Author
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