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List any three of the reasons why the firm would continue to exist beyond the point where its products have become obsolete.
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if a business firm operates indefinitely without covering any of its sunk costs,what happens to these costs?
A.they continue
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A firm currently producing at the point where MC=MR. The situation for the firm at this point is P=$15. Q=100, ATC= $6,
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at point where MR=MC, when the firm incurs losses in the short run, the firm should?
Continue producing, but look for ways to
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Consider the one-shot, simultaneous move game below, and answer the accompanying questions:
Player & Strategy Firm B Left Right
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