Multiple Choice
Refer to the data provided in Table 9.1 below to answer the question(s) that follow.
Table 9.1
-Refer to Table 9.1. If the market price is $42, then in the long run the firm will
A) operate and expand.
B) operate but not expand.
C) shut down, but not go out of business.
D) go out of business.
Correct Answer:

Verified
Correct Answer:
Verified
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