Business, 30.03.2020 22:44 garrettbridges6435

12. Suppose the industry equilibrium price of residential housing construction is $100 per square foot and the minimum average variable cost for a residential construction contractor is $110 per square foot. What would you advise the owner of this firm to do? Explain.

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12. Suppose the industry equilibrium price of residential housing construction is $100 per square fo...

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