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Tidy Tidy
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9 years ago
If a firm's average total cost is less than price where MR=MC
A) the firm should shut down.
B) the firm should raise its price.
C) the firm should continue to produce the output it is producing.
D) the firm should cut back on its output to lower its cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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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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VincenzoDVincenzoD
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9 years ago
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Tidy Author
wrote...

9 years ago
Smart ... Thanks!
jamiebonf99
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Yesterday
You make an excellent tutor!
Jadakiss
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2 hours ago
Thanks
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