Chapter7: Proudction Costs
Section: Chapter Questions
Problem 13SQ
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Question
![The break-even price is equal to the minimum average cost of production.
True
False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb2e7dc92-ea6f-47dd-8472-a37aed61be15%2Fe9d7fcc4-f24e-46e0-a124-5d082c26ee1d%2Fnb2enn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The break-even price is equal to the minimum average cost of production.
True
False
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