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Home Q & A Board Other Fields Homework Help Business Economics
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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
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6 years ago
Helped a lot
veronee_madison
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Yesterday
this is exactly what I needed
lubennick
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2 hours ago
Thanks
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