Figure 11-19 
In the short run, the monopolist depicted in Figure 11-19 should
A) shut down because P < AVC at some output levels.
B) shut down because P < ATC at all output levels.
C) continue producing because P > AVC at some output levels.
D) continue producing because P > ATC at all output levels.
E) continue producing because monopolists never shut down.
Correct Answer:
Verified
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