Business, 31.10.2019 06:31 htiffany0225

Suppose the world price of pencils is $0.25 each and a country's firm that produces pencils has an average cost of $0.35 each. what will the firm do? a)it may temporarily shut down in the short run butwill continue to operate in the long run. b)it will shift operations to another country. c)it will continue to produce pencils. d)in the long run, it will shut down.

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Suppose the world price of pencils is $0.25 each and a country's firm that produces pencils has an a...

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