题目内容

A firm will shut down in the short run if revenue is not sufficient to cover all of its fixed costs of production.

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If long-run average total cost is rising, then the firm is experiencing economies of scale.

Demand curve for a monopoly firm is the market demand curve.

Demand is inelastic if the price elasticity of demand is greater than 1.

An increase in the price of pizza will shift the demand curve for pizza to the left.

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