Class Notes (835,064)
United States (324,024)
Economics (213)
ECON-UA 2 (82)
Lecture

Day 16 (4/3/2014)
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Department
Economics
Course
ECON-UA 2
Professor
Marc Lieberman
Semester
Spring

Description
Day 16 432014Shutdown rule Shutdown if PAVCReviewNowletslookatthelongrunSuppose in the short run the typical firm has economic profit greater than 0In the long run 0entry into market until 0 PATC
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