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    Exam 12: Firms in Perfectly Competitive Markets
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    A Firm Would Decide to Shut Down If Its Production
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A Firm Would Decide to Shut Down If Its Production

Question 286

Question 286

Multiple Choice

A firm would decide to shut down if its production resulted in


A) MR < ATC.
B) ATC > AVC.
C) AFC > AVC.
D) MR < AVC.

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