If average fixed cost exceeds average variable cost,a firm should shut down in the short run.
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Q18: Myron worked at a factory where he
Q19: Myron worked at a factory where he
Q20: Every firm is constrained by the demand
Q21: The demand curve facing a firm
A)indicates the
Q22: If the demand curve facing a firm
Q24: A profit-maximizing firm will never increase production
Q25: In the short run,profit maximization typically occurs
Q26: The demand curve facing a firm shows
Q27: The demand curve facing the firm has
Q28: The demand curve facing a firm acts
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