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Author Question: Suppose a paper mill in Quebec is shut down by its owner, even though the plant and equipment are in ... (Read 77 times)

ncasson210

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on: Oct 12, 2022
Suppose a paper mill in Quebec is shut down by its owner, even though the plant and equipment are in excellent shape and the paper is of top quality. What could explain this?
◦ The price the firm is receiving for the paper is less than its average variable cost.
◦ The owner was not minimizing its production costs.
◦ The price the firm is receiving is less than the average total cost.
◦ The price the firm is receiving for the paper is greater than its marginal cost.
◦ The paper mill must not have been operating at its profit-maximizing level of output.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ncasson210 on Oct 12, 2022

Deonnak85

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ncasson210

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Reply 2 on: Oct 12, 2022
:D TYSM

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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