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The Figure Given Below Shows the Aggregate Demand and Supply

Question 80

True/False

The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7
The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7 -Some competitive firms are willing to operate at a loss in the short run because their revenues are at least able to cover their variable costs.
-Some competitive firms are willing to operate at a loss in the short run because their revenues are at least able to cover their variable costs.

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