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Author Question: If market price is greater than or equal to the minimum of AVC but below the minimum of AC, then (Read 116 times)

jasdeep_brar

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on: Mar 14, 2021
If market price is greater than or equal to the minimum of AVC but below the minimum of AC, then
◦ the firm will shut down.
◦ the firm will operate because its loss is less than if it shuts down.
◦ revenue is lower than variable costs.
◦ profit is positive and so the firm will operate.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
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Marked as best answer by jasdeep_brar on Mar 14, 2021

pallen55

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Reply #1 on: Mar 14, 2021
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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jasdeep_brar

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Reply 2 on: Mar 14, 2021
:D TYSM

lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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