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    Essentials of Economics Study Set 5
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    Exam 7: Firms in Perfectly Competitive Markets
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    Figure 77 Figure 7
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Figure 77 Figure 7

Question 137

Question 137

Multiple Choice

Figure 7.7 Figure 7.7   Figure 7.7 shows cost and demand curves facing a profit-maximising, perfectly competitive firm. -Refer to Figure 7.7.Identify the short-run shut down point for the firm. A)  a B)  b C)  c D)  d Figure 7.7 shows cost and demand curves facing a profit-maximising, perfectly competitive firm.
-Refer to Figure 7.7.Identify the short-run shut down point for the firm.


A) a
B) b
C) c
D) d

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