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Business, 22.02.2020 00:37 AmazingColor

"In the short run, if I can cover my variable costs, I will continue to produce, ignoring my fixed costs. If I cannot cover my variable costs, I will shut down to minimize losses." Is this statement accurate? Why or why not?"In the long run, if I can cover my variable costs, I will continue to produce. If I cannot cover my variable costs, I will shut down." Is this statement accurate? Why or why not? provide an example.

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