Answer the following questions: 1. Suppose the firms current firms marginal cost curve that is less that

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Answer the following questions:

1. Suppose the firm’s current firm’s marginal cost curve that is less that its current variable cost, when should it shut down?

2. When the firm decides to shut down, should we expect this t to be final?

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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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Posted Date: Aug 24, 2018 12:52 AM

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Answer the following questions: 1. Suppose the firms current firms marginal cost curve that is less that

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1 The firm will shut down because of two things happens one of the reason is when produc... View the full answer

Microeconomics

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