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    Microeconomics Study Set 45
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    Exam 10: Pure Competition in the Short Run
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    Why Might a Business Owner Keep Their Business Open but Let
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Why Might a Business Owner Keep Their Business Open but Let

Question 295

Question 295

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Why might a business owner keep their business open but let it deteriorate, rather than shut it down? Will this profitability last?

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When demand falls for a business, it may...

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