A firm is currently selling its output for $10 per unit and is producing where marginal revenue equals marginal cost at an output level of 100 units. If the firm's total variable costs are $900 and its fixed costs are $300 should it produce in the short run or shut down?

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The Answer of A firm is currently selling its output for $10 per unit and is producing where marginal revenue equals marginal cost at an output level of 100 units. If the firm's total variable costs are $900 and its fixed costs are $300 should it produce in the short run or shut down?

A Firm Is Currently Selling Its Output for $10 Per