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-A Perfectly Competitive Firm Will Shut Down When the Price

Question 46

Multiple Choice

-A perfectly competitive firm will shut down when the price is just below the minimum point on the A) average fixed cost curve. B) average total cost curve. C) marginal revenue curve. D) average variable cost curve. E) marginal cost curve.
-A perfectly competitive firm will shut down when the price is just below the minimum point on the


A) average fixed cost curve.
B) average total cost curve.
C) marginal revenue curve.
D) average variable cost curve.
E) marginal cost curve.

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