What is the objective of the firm manager and what is the


What is the objective of the firm manager, and what is the criterion for determining the output level in each of the following cases:

a) The price of the product is less than the shut-down piece?

b) The price of the product is greater than the shutdown price but less than the break-even price?

c) The price of the product is greater than the break-even price?

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Business Economics: What is the objective of the firm manager and what is the
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