Use the Figure to Answer the Following Question(s)

question 134

Multiple Choice

Use the figure to answer the following question(s) .
Figure 9-5
-If the market price in Figure 9-5 fell to $2.50, what should the firm do?

• A) raise its price
• B) shut down and wait for conditions to improve
• C) continue operating in the short run if it expects conditions to improve
• D) go out of business immediately

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