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Refer to Figure 23

Question 108

Multiple Choice

Refer to Figure 23.1. If the market price equaled $10, in the short run this firm should A) Raise the price. B) Produce with an economic loss. C) Shut down. D) Produce where the ATC is at a minimum. Refer to Figure 23.1. If the market price equaled $10, in the short run this firm should


A) Raise the price.
B) Produce with an economic loss.
C) Shut down.
D) Produce where the ATC is at a minimum.

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