Does Flight have excess capacity in the long run? If it has excess capacity in the long

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Does Flight have excess capacity in the long run?

If it has excess capacity in the long run, why doesn’t it decrease its plant size?

Shows the situation facing Flight Inc., a producer of running shoes, to work Problems image text in transcribed

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:03 PM

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Does Flight have excess capacity in the long run? If it has excess capacity in the long

Question:

Price and cost (dollars per pair) 100 80 60 40 20 0 MR MC ATC D 50 100 150 200 250 Quantity (pairs of running shoes per week)

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Economics

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