Business, 19.05.2020 17:01 Jenifermorales101

A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25. In the long run, the firm should a. Shut-down because it is cost effective to pay off the remaining fixed costs b. Continue operating as the firm is covering all the variable costs and some of the fixed costs c. Shut-down as the firm is making a loss of $10,000 per week d. Shut-down as price is lower than average cost

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A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and t...

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