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Title: A profit-maximizing firm will shut down in the short run when

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Q:

A profit-maximizing firm will shut down in the short run when

           a.   price < average variable cost.

           b.   price < average total cost.

           c.    average revenue > marginal cost.

           d.   average revenue > average fixed cost.


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Title: A profit-maximizing firm will shut down in the short run when

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    • Posted Date: Apr 28, 2012 at 9:20:10 PM

    • The full tutorial is about words long

 
A:
...sp;        a.   price < average variable cost.    &...
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