In the long run this firm will exit the market if the price


Total Costs for a firm are given by: TC = 1Q2 + 10.4.

Marginal Costs for that same firm are given by: MC = 2*1Q. 

In the long run, this firm will exit the market if the price falls below what value?

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Business Management: In the long run this firm will exit the market if the price
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