In your paper, based on the readings for the week and your calculations in the w

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In your paper, based on the readings for the week and your calculations in the w

In your paper, based on the readings for the week and your calculations in the worksheet, answer the following question:
Explain if the firm should remain open or temporarily shut down when the price drops to $10.
Discuss why firms in perfectly and monopolistically competitive markets stay in business despite having zero economic profit in the long run.
The Costs and Revenue in Perfect Competition paper
must be two to three double-spaced pages in length (not including title and references pages and formatted according to APA Style as outlined in the Writing Center’s APA Formatting for Microsoft Word resource.

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