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The Shut-Down Decision The Short-Run Production Decision The Shut-Down Decision The Short-Run Production Decision

The Shut-Down Decision The Short-Run Production Decision - PowerPoint Presentation

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Uploaded On 2019-01-20

The Shut-Down Decision The Short-Run Production Decision - PPT Presentation

In the shortrun sometimes the firm should produce even if price falls below minimum ATC Why Total cost includes fixed cost Ex Jennifer and Jason have rented a tractor for the year they have to pay the rent on the tractor regardless of whether they produce any tomatoes ID: 747265

cost price minimum variable price cost variable minimum average short run market shut firm decision equal production fixed produce

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