The demand and costs for a firm tht operates in a perfectly, Ask an Expert

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the demand and costs for a firm tht operates in a perfectly competitive market.

a- What level of output should this firm produce in the short run?

b- what price should this firm charge in the short runb?

c- what is the firm's total cost at this level of output?

d- What is the firm's total variable cost at this level of output?

E- What is the firm's fixed cost at this level of output?

F- What is the firm's profit if it produces this level of output?

G- What is the firm's profit if it shuts down?

H- In the long run, should it continue to operate or shut down?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9480095

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