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In the Short Run,a Firm Will Produce a Positive Amount

Question 93

Multiple Choice

In the short run,a firm will produce a positive amount of output as long as _____


A) price exceeds average variable cost.
B) price exceeds marginal cost.
C) price is less than average variable cost.
D) average variable cost is less than average total cost.
E) fixed cost exceeds total revenue.

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