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    Microeconomics Study Set 13
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    Exam 10: Pure Competition in the Short Run
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    In the Short Run, a Purely Competitive Seller Will Shut
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In the Short Run, a Purely Competitive Seller Will Shut

Question 83

Question 83

Multiple Choice

In the short run, a purely competitive seller will shut down if product price


A) equals average revenue.
B) is greater than MC.
C) is less than AVC.
D) is less than ATC.

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