MCQOPTIONS
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| 1. |
In the short run, in cannot produce at an economic profit |
| A. | When he cannot produce at an economic profit |
| B. | When price falls short of average variable cost at every level of output |
| C. | When price falls short of average fixed cost at every level of output |
| D. | When there is no point where marginal revenue are equal. |
| E. | None of the above |
| Answer» C. When price falls short of average fixed cost at every level of output | |