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In table format, describe all the profit and loss positions of the firm in a perfectly competitive market. Your table should have the following headings:

 • Equilibrium point 

• Revenue (price) versus costs 

• Status of operation Under the status of operation also indicate whether the firm should continue operations or shut down and why.

in Education by (150 points)

3 Answers

0 votes

uhhhh..... what?

by (3,260 points)
+1 vote

I do that for a living and get well paid for it. What’s your best offer? 

by (2,343,280 points)
0 votes

Here it is, in a nutshell:

Ya win some... ya lose some...

by (746,260 points)
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