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-Giuseppe's Pizza Is a Perfectly Competitive Firm

Question 317

Multiple Choice

-Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $22, the firm will A) shut down. B) leave the market in the long run. C) stay in the market in the long run. D) incur an economic loss.
-Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $22, the firm will


A) shut down.
B) leave the market in the long run.
C) stay in the market in the long run.
D) incur an economic loss.

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