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Many Furniture Stores Run "Going Out of Business" Sales but Never

Question 87

Essay

Many furniture stores run "going out of business" sales but never go out of business.In order for the shut-down decision to be the appropriate one, the price of furniture must be ________
than the average variable cost.
A.higher; maximum
B.lower; minimum
C.higher; minimum
D.lower; maximum

Correct Answer:

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