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8 October, 18:58

What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production process?

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  1. 8 October, 19:06
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    Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects.
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