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Author Question: Refer to the data provided in Table 9.4 below to answer the question(s) that follow. Refer to Table ... (Read 28 times)

aabwk4

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Question 1

If 
________, a firm would shut down in the short run and exit the industry in the long run.


TR > 
TVC but 
TR < 
TC
TR = 
TC
TR > 
TFC
TR < 
TVC

Question 2

Refer to the data provided in Table 9.4 below to answer the question(s) that follow.








Refer to Table 9.4. If the market price is $34 and the firm produces 4 units of output, then its profit would be


◦ -$100.
◦ -$88.
◦ $0.
◦ $36.


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Marked as best answer by aabwk4 on Apr 19, 2019

ApricotDream

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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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aabwk4

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


alvinum

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Reply 3 on: Yesterday
Wow, this really help

 

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