What does this imply about the supply curve


Discusison

Answer the question below:

1. From an economic perspective, at what point does a firm decide to shut-down? Explain.

2. When a market is perfectly competitive what does this imply about the supply curve and the price charged for a particular good?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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