A firm sells 1000 units per week Suppose the average variable cost is $25 and the average cost is $65 In the short run the break-even price is In the long run the break-even price
A firm sells 1,000 units per week. Suppose the average variablecost is $25, and the average cost is $65. In the short run, thebreak-even price is ___ . In the long run, the break-even price is___ Suppose the firm charges a price of $10 per unit. Use the following table to indicate whether the firm willshut down or continue to produce in the short run and the longrun. . . .