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Business, 20.02.2020 23:06 unknown6669
A competitive firm maximizes profit at an output level of 500 units, market price is $36.00, and ATC is $36.95. At what range of AVC values for an output level of 500 would the firm choose not to shut down in the short run?
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A competitive firm maximizes profit at an output level of 500 units, market price is $36.00, and ATC...
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