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Use the Figure to Answer the Following Question(s)

Question 428

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-5
Use the figure to answer the following question(s) . Figure 9-5 If the market price in Figure 9-5 fell to $2.50, what should the firm do? A) raise its price B) shut down and wait for conditions to improve C) continue operating in the short run if it expects conditions to improve D) go out of business immediately
If the market price in Figure 9-5 fell to $2.50, what should the firm do?


A) raise its price
B) shut down and wait for conditions to improve
C) continue operating in the short run if it expects conditions to improve
D) go out of business immediately

Correct Answer:

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