Business, 18.12.2019 03:31, chanel2371

Suppose the firm faces a price of $49, an average variable cost of $26, and has an average fixed cost of $5. in the short-run, this firm

a. can cover all its costs,
b. cannot cover all its costs,
a. and will have a loss per unit of $18.
b. and will have a profit per unit of $23.
c. and will have a profit per unit of $18 .
d. and will have a loss per unit of $23.

Answers: 1

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Suppose the firm faces a price of $49, an average variable cost of $26, and has an average fixed cos...