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Oksi-84 [34.3K]
3 years ago
6

Market supply is P = 10+0.5Q and market demand is P = 150−3Q in a perfectly competitive market. If a firm has fixed costs of 60,

Variable Costs V C = 6q2 and Marginal Cost MC = 15q, which of the following will be true in the short run:
A. The firm will be producing and making positive profits.
B. The firm will be producing, but making a loss.
C. The firm will shut down.
D. Not enough information to tell.
Business
1 answer:
Taya2010 [7]3 years ago
5 0
C. The firm will shut down.
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