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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 8: A--Perfect Competition
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    In the Short Run, If a Firm Shuts Down, Its
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In the Short Run, If a Firm Shuts Down, Its

Question 85

Question 85

Multiple Choice

In the short run, if a firm shuts down, its total revenue is


A) $0
B) equal to its fixed costs
C) greater than its variable costs
D) greater than its fixed costs
E) less than its variable costs

Correct Answer:

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