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Shut-down price and break-even price

Path:

Last exams 2021 » Section 1: Microeconomics » 1.5 Theory of the firm and market structures (HL only) » Perfect competition » Shut-down price and break-even price

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Directly related questions

17M.1.HL.TZ1.02a:
Explain why a loss-making firm in perfect competition would shut down in the long run.
18N.3.HL.TZ0.1d: Sometimes a firm continues to produce in the short run, even when it is making an economic loss....

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