Question: If, in the short run, price falls below minimum average variable cost, a company Question 39 options: should produce the output where marginal revenue equals
If, in the short run, price falls below minimum average variable cost, a company Question 39 options: should produce the output where marginal revenue equals marginal cost. should shut down and produce no output. will realize a loss but should continue to produce in the short run. will realize a profit in the short run but not in the long run
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