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​A Firm Sells 1000 Units Per Week

Question 16

Multiple Choice

​A firm sells 1000 units per week.It charges $70 per unit,the average variable costs are $25,and the average costs are $65.At what price would the firm consider shutting down in the long run?


A) ​$10
B) $25
C) $65
D) ​$70

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