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    Exam 12: Perfect Competition
  5. Question
    -Giuseppe's Pizza Is a Perfectly Competitive Firm
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-Giuseppe's Pizza Is a Perfectly Competitive Firm

Question 441

Question 441

Multiple Choice

  -Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $15, the firm will A)  shut down. B)  leave the market in the long run. C)  stay in the market in the long run. D)  make an economic profit.
-Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $15, the firm will


A) shut down.
B) leave the market in the long run.
C) stay in the market in the long run.
D) make an economic profit.

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