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    Economics Today Study Set 1
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    Exam 23: Perfect Competition
  5. Question
    The Short-Run Shutdown Price for a Perfectly Competitive Firm Is
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The Short-Run Shutdown Price for a Perfectly Competitive Firm Is

Question 279

Question 279

Multiple Choice

The short-run shutdown price for a perfectly competitive firm is where price equals


A) minimum ATC.
B) AR.
C) MR.
D) minimum AVC.

Correct Answer:

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