Business, 11.03.2020 23:02 kelseychristian24

A firm would not be willing to produce in the long run at prices below this level because A. profit would be negative and the firm would be better off exiting the industry since there are no variable production costs. B. profit would be positive and the firm would be better off exiting the industry once fixed production costs are incurred. C. profit would be negative and the firm would be better off exiting the industry and incurring opportunity costs. D. profit would be negative and the firm would be better off exiting the industry since there are no fixed production costs.

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A firm would not be willing to produce in the long run at prices below this level because A. profit...

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