If a firm exits, we must have that P < AVC None of the answers are correct. Two answers are correct. P > AVC P < ATC

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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ChapterB: Differential Calculus Techniques In Management
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Problem 3E
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If a firm exits, we must have that

P < AVC

None of the answers are correct.

Two answers are correct.

P > AVC

P < ATC

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