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Exhibit 7-1 -Refer to Exhibit 7-1. Firm a Has Much Higher Costs

Question 11

True/False

Exhibit 7-1 Exhibit 7-1 -Refer to Exhibit 7-1. Firm A has much higher costs of production, and under no circumstances should it produce when Firm B is already producing.
-Refer to Exhibit 7-1. Firm A has much higher costs of production, and under no circumstances should it produce when Firm B is already producing.

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