SophiaPretty

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About SophiaPretty

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Elementary,Middle School,High School,College,University,PHD

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Accounting,Algebra See all
Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 1 Day Ago
Questions Answered: 15833
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  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

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  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Economics Posted 31 Aug 2017 My Price 5.00

shut down because economic profits are negative.

If, in the short run, a perfectly competitive firm is producing at a point where total cost is greater than total revenue, then the firm should

shut down because economic profits are negative.

continue to produce as long as P > AVC.

continue to produce because accounting profits are positive.

set a higher price for its output.

set a lower price for its output

Answers

SophiaPretty
(5)
Status NEW Posted 31 Aug 2017 12:08 PM My Price 5.00

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