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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
  5. Question
    If ________, a Firm Would Operate in the Short Run
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If ________, a Firm Would Operate in the Short Run

Question 153

Question 153

Multiple Choice

If ________, a firm would operate in the short run and expand in the long run.


A) TR > TC
B) TC > TR
C) ATC > AVC
D) AVC > AFC

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