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    Principles of Microeconomics Study Set 3
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    Exam 9: Firms in a Competitive Market
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    When Revenue Is Insufficient to Cover Cost,the Firm
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When Revenue Is Insufficient to Cover Cost,the Firm

Question 69

Question 69

Multiple Choice

When revenue is insufficient to cover cost,the firm


A) will always shut down.
B) will always stay open.
C) gains a profit.
D) breaks even.
E) suffers a loss.

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