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If Harry's Blueberries,a Perfectly Competitive Firm,shuts Down in the Short

Question 62

Multiple Choice

If Harry's Blueberries,a perfectly competitive firm,shuts down in the short run,Harry must pay _____


A) the variable cost but not the fixed cost of production.
B) the marginal cost but not the variable cost of production.
C) both the variable cost and the fixed cost of production.
D) only the variable cost of production.
E) only the fixed cost of production.

Correct Answer:

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