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Using the data/ figures above graph the case labeling price and costs on the Y axis and output or Q on the X axis. Then draw and label the MC, ATC, AVC MR and demand curves. Using the diagram make your managerial argument to remain open, expand or shut down the factory. What are the operating losses in the short run if any?

Macroeconomics, Economics

  • Category:- Macroeconomics
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