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Exhibit 7-17  Marginal Revenue and Cost Per Unit Curves If

Question 176

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Exhibit 7-17  Marginal revenue and cost per unit curves Exhibit 7-17  Marginal revenue and cost per unit curves   If the price of the firm's product in Exhibit 7-17 is $15 per unit, the firm should: A)  shut down permanently. B)  stay in operation for the time being even though it is making a pure economic loss. C)  shut down temporarily. D)  continue to operate because it is earning a positive economic profit. If the price of the firm's product in Exhibit 7-17 is $15 per unit, the firm should:


A) shut down permanently.
B) stay in operation for the time being even though it is making a pure economic loss.
C) shut down temporarily.
D) continue to operate because it is earning a positive economic profit.

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