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    Principles of Microeconomics
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    Exam 14: Firms in Competitive Markets
  5. Question
    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 189

Question 189

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 which of its costs


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

Correct Answer:

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