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April 16, 2014

Homework Help: Economics

Posted by Bob on Tuesday, November 29, 2011 at 12:11pm.

If the market price falls below $4.50, the firm will earn

A. positive economic profits in the short run.

B. negative economic profits in the short run but remain in business.

C. negative economic profits in the short run and shut down.

D. zero economic profits in the short run.

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