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Costa Costa
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6 years ago
In the short run, a purely competitive firm should:
A) close down if it is incurring losses
B) close down unless the price is above its average total cost
C) continue to operate even at a loss, provided that it is covering its variable costs
D) continue to operate even if the price is less than its average variable cost
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
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EngelEngel
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6 years ago
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Costa Author
wrote...

6 years ago
Smart ... Thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Good timing, thanks!
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