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Exhibit 9-13 -In the Short Run, the Monopolist Depicted in Exhibit 9-13

Question 160

Multiple Choice

Exhibit 9-13 Exhibit 9-13 -In the short run, the monopolist depicted in Exhibit 9-13 should A) shut down because P < AVC at some output levels B) shut down because P < ATC at all output levels C) continue producing because P > AVC at some output levels D) continue producing because P > ATC at all output levels E) continue producing because monopolists never shut down
-In the short run, the monopolist depicted in Exhibit 9-13 should

A) shut down because P < AVC at some output levels
B) shut down because P < ATC at all output levels
C) continue producing because P > AVC at some output levels
D) continue producing because P > ATC at all output levels
E) continue producing because monopolists never shut down

Correct Answer: