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Business, 12.06.2020 03:57 ryanbreland14

A shoe manufacturer is producing at a point where its marginal costs are $5 and its fixed costs are $5000. At the current price of $10 it is producing 500 pairs. If the demand goes down, such that they can now only charge $8 per pair, should they continue production in the short run?

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A shoe manufacturer is producing at a point where its marginal costs are $5 and its fixed costs are...
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