What is the difference between a firm's shutdown point in the short run and in the long

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What is the difference between a firm's shutdown point in the short run and in the long run? Why are firms willing to accept losses in the short run but not in the long run?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:12 AM

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What is the difference between a firm's shutdown point in the short run and in the long

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In the short run a firm will shut down if the price ...View the full answer

Economics

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