Use the following to answer question:
Figure 7.14
-(Figure 7.14) Refer to the graph. Do you agree or disagree with the following statement? Why? "If the firm can sell its product for $30 and it's selling 12 units, it should close its doors and produce nothing, since it is losing money."

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Use the following to answer question:
Figure 7.14 
-(Figure 7.14) Refer to the graph. Do you agree or disagree with the following statement? Why? "If the firm can sell its product for $30 and it's selling 12 units, it should close its doors and produce nothing, since it is losing money."

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The Answer of Use the following to answer question:
Figure 7.14 
-(Figure 7.14) Refer to the graph. Do you agree or disagree with the following statement? Why? "If the firm can sell its product for $30 and it's selling 12 units, it should close its doors and produce nothing, since it is losing money."

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