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Explain Why a Firm Should Continue to Operate in the Short

Question 91

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Explain why a firm should continue to operate in the short run so long as market price is greater the the firm's average variable cost at the profit-maximizing level of output.

Explain why a firm should continue to operate in the short run so long as market price is greater the the firm's average variable cost at the profit-maximizing level of output.

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So long as market price is greater than ...

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