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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
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    When Price Is Sufficient to Cover Average Variable Costs, Firms
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When Price Is Sufficient to Cover Average Variable Costs, Firms

Question 357

Question 357

True/False

When price is sufficient to cover average variable costs, firms suffering short-run losses will continue to operate rather than shut down.

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