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    Microeconomics Study Set 45
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    Exam 10: Pure Competition in the Short Run
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    In the Short Run, a Competitive Firm Will Always Choose
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In the Short Run, a Competitive Firm Will Always Choose

Question 293

Question 293

True/False

In the short run, a competitive firm will always choose to shut down if product price is less than the lowest attainable average total cost.

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