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    Business
  3. Study Set
    Managerial Economics in a Global Economy
  4. Exam
    Exam 9: Market Structure: Perfect Competition, Monopoly, and Monopolistic Competition
  5. Question
    The Shut-Down Point of a Perfectly Competitive Firm Is at the Minimum
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The Shut-Down Point of a Perfectly Competitive Firm Is at the Minimum

Question 20

Question 20

True/False

The shut-down point of a perfectly competitive firm is at the minimum point on its short-run average variable cost curve.

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