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    Microeconomics Study Set 44
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    Exam 12: Perfect Competition and the Supply Curve
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    The Short-Run Shut-Down Price Is
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The Short-Run Shut-Down Price Is

Question 322

Question 322

Multiple Choice

The short-run shut-down price is:


A) the price at which economic profit is zero.
B) the minimum of the AVC curve.
C) the intersection of the MC and ATC curves.
D) the minimum of the AFC curve.

Correct Answer:

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