A firm will exit in the short run if total revenue is less than total costs.
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Q3: In making a short-run profit-maximising production decision,
Q3: One of the important characteristics of a
Q9: A profit-maximising firm in a competitive market
Q10: It is not possible for the marginal
Q13: A firm's incentive to compare marginal revenue
Q14: A firm in a competitive market will
Q16: It is possible for firms in a
Q19: When individual firms in competitive markets increase
Q25: A firm will shut down in the
Q225: For a firm in a competitive market,marginal
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