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QUESTION
A firm sells 1000 units per week. It charges $70 per unit, the average variable costs are $25, and the averagecosts are $65. At what price would the
A firm sells 1000 units per week. It charges $70 per unit, the average variable costs are $25, and the averagecosts are $65. At what price would the firm consider shutting down in the short run?
