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    Exam 8: Perfect Competition
  5. Question
    In the Short Run,if a Firm Shuts Down,its Loss Is
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In the Short Run,if a Firm Shuts Down,its Loss Is

Question 131

Question 131

Multiple Choice

In the short run,if a firm shuts down,its loss is equal to _____


A) zero.
B) its variable cost.
C) its fixed cost.
D) its fixed cost minus its variable cost.
E) its fixed cost minus total revenue.

Correct Answer:

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