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    Principles of Economics Study Set 12
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    Exam 8: Costs and the Changes at Firms Over Time
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    Exhibit 8-8 -Refer to Exhibit 8-8. the Shutdown Point Is When Price
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Exhibit 8-8 -Refer to Exhibit 8-8. the Shutdown Point Is When Price

Question 161

Question 161

Multiple Choice

Exhibit 8-8 Exhibit 8-8   -Refer to Exhibit 8-8. The shutdown point is when price falls to A) $2. B) $4.50. C) a specific level between $2 and $4.50. D) $6. E) a specific level between $4.50 and $6.
-Refer to Exhibit 8-8. The shutdown point is when price falls to


A) $2.
B) $4.50.
C) a specific level between $2 and $4.50.
D) $6.
E) a specific level between $4.50 and $6.

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