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Author Question: The following diagram shows a firm operating under perfect competition.The firm should shut down in ... (Read 68 times)

Jipu 123

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on: May 25, 2020

Question 1

The following diagram shows a firm operating under perfect competition.



At an output of 600 units the firm would just make normal profit.
◦ true
◦ false

Question 2

The following diagram shows a firm operating under perfect competition.



The firm should shut down in the long run, but not in the short run.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Jipu 123 on May 25, 2020

softEldritch

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Reply #1 on: May 25, 2020
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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Jipu 123

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

milbourne11

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Reply 3 on: Yesterday
Excellent

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