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    Economics Principles and Policy Study Set 2
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    Exam 10: The Firm and the Industry Under Perfect Competition
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    If the Price Falls Below Minimum SRAVC, the Quantity Supplied
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If the Price Falls Below Minimum SRAVC, the Quantity Supplied

Question 37

Question 37

Multiple Choice

If the price falls below minimum SRAVC, the quantity supplied by the firm will be


A) the quantity at minimum MC.
B) zero.
C) the quantity at the point where MC intersects AC.
D) the quantity at minimum AC.

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