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A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and t

A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25. The firm shoulda.Shut-down as the firm is making a loss of $10,000 per weekb.Shut-down as the firm cannot cover the fixed costsc.Continue operating as the firm is covering all the variable costs and some of the fixed costsd.Shut-down because it is cost effective to pay off the remaining fixed costs

 

Apr 25 2020 View more View Less

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