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Business, 24.04.2020 20:58 cheyennecarrillo14

In the long run, a profit-maximizing firm will choose to exit a market when a. marginal cost exceeds marginal revenue at the current level of production. b. average fixed cost is falling. c. total revenue is less than total cost. d. variable costs exceed sunk costs.

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In the long run, a profit-maximizing firm will choose to exit a market when a. marginal cost exceeds...
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