If it is interpreted to mean average price variable is the


Question:

"IBM should never sell its product for less than it expenses to produce." If "costs to produce" is interpreted to mean IBM''s average total price is this correct?

If it is interpreted to mean average price variable is the statement correct? If it is interpreted to mean marginal cost, is the statement correct?

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Microeconomics: If it is interpreted to mean average price variable is the
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