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Home Q & A Board Other Fields Homework Help Business Economics
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nguyenduong67 nguyenduong67
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6 years ago
If your firm is producing a good at a level where marginal revenue equals marginal cost, and price is between average variable cost and average total cost, then in the short run your firm should
A) continue to produce, but increase output.
B) continue to produce at the same level of output.
C) shut down and suffer a loss equal to your fixed costs.
D) continue to produce, but decrease output.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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nguyenduong67 Author
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6 years ago
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