(Figure: Interpreting Short-Run Cost Curves) Given the Information from the Figure

question 275

Multiple Choice

(Figure: Interpreting Short-Run Cost Curves) Given the information from the figure, if price equals $1.00, the firm should

• A) stay open because it is making an economic profit.
• B) stay open in the short run because it is operating at an economic loss.
• C) stay open because it is making a normal profit.
• D) shut down in the short run because it will minimize its loss.

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