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    Exam 8: Competitive Firms and Markets
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    If the Shutdown Rule,p < AVC,is the Same in the Short
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If the Shutdown Rule,p < AVC,is the Same in the Short

Question 29

Question 29

Essay

If the shutdown rule,p < AVC,is the same in the short run and the long run,explain why the shutdown prices may be different.

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In the short run there are fix...

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