Consider the following dа ta: equilibrium price = $10, quantity of output produced = 100 units, average total cost = $13, and average variable cost = $7. What will the firm do and why? Group of answer choices Shut down in the short run, because it is taking a loss of $200.
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Home » Business » Consider the following dа ta: equilibrium price = $10, quantity of output produced = 100 units, average total cost = $13, and average variable cost = $7.