A Firm Will Shut Down in the Long-Run If the

Multiple Choice

A firm will shut down in the long-run if the

A) price is above the minimum average total cost (ATC) .
B) price is equal to the minimum average total cost (ATC) .
C) price is anywhere above the minimum average variable cost (AVC) .
D) price is anywhere below the minimum average total cost (ATC) .
E) firm is making zero economic profits.