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If price exceeds average variable cost but is less than average total cost, a firm ___

(A) should shut down.
(B) should stay in business for a while longer until its fixed costs expire.
(C) should further differentiate its product.
(D) is making some profit but less than maximum profit.

1 Answer

0 votes

Answer:

D

Step-by-step explanation:

answered
User Anit Kumar
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