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    Principles of Microeconomics Study Set 10
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    Exam 14: Firms in Competitive Markets
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    A Firm Will Shut Down in the Short Run If
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A Firm Will Shut Down in the Short Run If

Question 424

Question 424

Multiple Choice

A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than its


A) opportunity costs.
B) fixed costs.
C) variable costs.
D) total costs.

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