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Title: In the long run all of a firmís costs are variable. In this case the exit criterion for a profit-maximizing firm is

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Q:

In the long run all of a firm’s costs are variable. In this case the exit criterion for a profit-maximizing firm is

           a.   price < average total cost.

           b.   price > average total cost.

           c.    average revenue > average fixed cost.

           d.   average revenue > marginal cost.


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Title: In the long run all of a firmís costs are variable. In this case the exit criterion for a profit-maximizing firm is

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    • Posted Date: Apr 28, 2012 at 9:20:35 PM

    • The full tutorial is about words long

 
A:
...sp;        a.   price < average total cost.    &nbs...
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