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-The Figure Above Shows a Perfectly Competitive Firm

Question 47

Multiple Choice

-The figure above shows a perfectly competitive firm. The firm will shut down in the short run if total fixed costs A) exceed total costs. B) exceed $401. C) are less than $200. D) are between $201 and $400.
-The figure above shows a perfectly competitive firm. The firm will shut down in the short run if total fixed costs


A) exceed total costs.
B) exceed $401.
C) are less than $200.
D) are between $201 and $400.

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