Business, 17.10.2019 05:20 SucMaDongShan

In the short run, a firm operating in a competitive industry will shut down if price is a. less than average total cost. b. greater than average variable cost but less than average total cost. c. greater than marginal cost. d. less than average variable cost.

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In the short run, a firm operating in a competitive industry will shut down if price is a. less than...

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