-In the above figure, at a price of $4 per unit, a profit- maximising perfectly competitive firm will

Name: -In the above figure, at a price of $4 per unit, a profit- maximising perfectly competitive firm will
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Question

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At a price of $4 per unit, a profit-maximizing perfectly competitive firm will shut down if its total revenue is less than its variable costs, indicating it cannot cover its variable costs, leading to an economic loss. Both A and B are correct outcomes under these conditions.

-In the Above Figure, at a Price of $4 Per