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Author Question: A firm stands to gain by operating instead of shutting down as long as ________ sufficiently covers ________. (Read 107 times)

azncindy619

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on: Apr 19, 2019

Question 1

Refer to the data provided in Table 9.1 below to answer the question(s) that follow. 











Refer to Table 9.1. In the long run, if cost conditions do not change, this firm will earn a zero economic profit if price is


◦ $10.
◦ $15.
◦ $20.
◦ $28.

Question 2

A firm stands to gain by operating instead of shutting down as long as ________ sufficiently covers ________.


◦ price; average variable cost
◦ price; average fixed cost
◦ total revenue; total fixed costs
◦ operating profit; economic profit
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by azncindy619 on Apr 19, 2019

memslove

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Reply #1 on: Apr 19, 2019
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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azncindy619

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Reply #2 on: Apr 19, 2019
Excellent


memslove

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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