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If a Perfectly Competitive Firm Cannot Avoid Economic Losses,it Should

Question 34

Multiple Choice

If a perfectly competitive firm cannot avoid economic losses,it should continue to operate in the short run as long as


A) marginal revenue exceeds average fixed cost
B) price exceeds average total cost
C) the market price exceeds average total cost
D) the marginal revenue is less than the average variable cost
E) price exceeds average variable cost

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