Elsalvador843 Elsalvador843
  • 15-12-2022
  • Business
contestada

suppose a monopolist is currently producing where its variable costs are $1 million. its fixed costs are $1.5 million. its revenues are $1.2 million. should the firm shut down in the short run? should it leave the industry in the long run?
a. No; yes
b. no; no
c. yes; yes
d. yes; no

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