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Table 5.2-Jeans Production

Question 12

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Table 5.2-Jeans Production Table 5.2-Jeans Production   -If the firm in Table 5.2 receives $7.00 for each pair of jeans,in the short run it should: A)  Produce 30 pairs of jeans. B)  Produce 40 pairs of jeans. C)  Produce 20 pairs of jeans. D)  Only produce jeans if the price is greater than average total cost.
-If the firm in Table 5.2 receives $7.00 for each pair of jeans,in the short run it should:


A) Produce 30 pairs of jeans.
B) Produce 40 pairs of jeans.
C) Produce 20 pairs of jeans.
D) Only produce jeans if the price is greater than average total cost.

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