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Business, 21.02.2021 21:30 Gabzer8524

A firm sells 1,000 units per week. Suppose the average variable cost is $35, and the average cost is $85. In the short run, what is the break-even price?
In the long run, What is the break-even price?

Suppose the firm charges a price of $25 per unit.

Short run should they continue to produce or shut down?
Long run should they continue to produce or shut down? ?

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