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If the price is equal to 14, which firm(s) will continue to operate even if it/they is/are losing? FIRMI O 1 2 3 4 5 Q 1 2 FIRM II 0 3 AFC AVC 4 15 3 15 7.5 5 None of these firms. 5 3 AFC 15 7.5 3.75 10.25 14 5 3.75 8 co 3 FIRM III 13 AC 3 18 8.5 12.5 7 13 16 18 MC AVC AC MC 16 14 15.25 19 17 24. 14 12.33 17.3 20 24 17.80 20.8 28

If the price is equal to 14, which firm(s) will continue to operate even if it/they is/are losing? FIRMI O 1 2 3 4 5 Q 1 2 FIRM II 0 3 AFC AVC 4 15 3 15 7.5 5 None of these firms. 5 3 AFC 15 7.5 3.75 10.25 14 5 3.75 8 co 3 FIRM III 13 AC 3 18 8.5 12.5 7 13 16 18 MC AVC AC MC 16 14 15.25 19 17 24. 14 12.33 17.3 20 24 17.80 20.8 28

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which firm/s will continue to operate even if they are losing

If the price is equal to 14, which firm(s) will continue to operate even if it/they is/are losing? FIRMI Q 1 2 3 4 15 Q 1 2 3 AFC AVC AC MC FIRM II 14 15 5 7.5 5 None of these firms 3 AFC 15 3.75 10.25 14 7.5 15 3.75 3 3 5 FIRM III 8 13 AVC 3 18 8.5 12.5 7 13 16 AC 18 16 14 15.25 19 17 24 MC 14 12.33 17.3 20 24 17.80 20.8 28
Transcribed Image Text:If the price is equal to 14, which firm(s) will continue to operate even if it/they is/are losing? FIRMI Q 1 2 3 4 15 Q 1 2 3 AFC AVC AC MC FIRM II 14 15 5 7.5 5 None of these firms 3 AFC 15 3.75 10.25 14 7.5 15 3.75 3 3 5 FIRM III 8 13 AVC 3 18 8.5 12.5 7 13 16 AC 18 16 14 15.25 19 17 24 MC 14 12.33 17.3 20 24 17.80 20.8 28
FIRM III Q 12 3 4 5 1 2 3 4 AFC AVC AC MC 5 12 6 FIRM IV st 4 3 17 2.4 18 8.5 2 4.25 18 3.4 11 Question 5 14.5 AFC AVC AC 5.66 16 14 14 18 14 20 14 15 14 17.5 24 17 20.4 33 31 MC 22.5 14 21.67 20 22.25 22.25 24 23.40 28
Transcribed Image Text:FIRM III Q 12 3 4 5 1 2 3 4 AFC AVC AC MC 5 12 6 FIRM IV st 4 3 17 2.4 18 8.5 2 4.25 18 3.4 11 Question 5 14.5 AFC AVC AC 5.66 16 14 14 18 14 20 14 15 14 17.5 24 17 20.4 33 31 MC 22.5 14 21.67 20 22.25 22.25 24 23.40 28
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