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Statement I: the Decision to Shut Down Is a Long

Question 105

Multiple Choice

Statement I: The decision to shut down is a long run decision.
Statement II: The decision to shut down and the decision to go out of business are interchangeable;therefore,there is no need to distinguish between them.


A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

Correct Answer:

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