Question: - - of 3 points Question 4 When will a firm in perfect competition decide to shut down in the short run? 3 tries left

-- of 3 points
Question 4
When will a firm in perfect competition decide to shut down in the short run?
3 tries left
A firm will shut down in the short run if at the profitmaximizing quantity,
A. marginal revenue is less than average fixed cost
B. total revenue is less than total cost
C. average total cost exceeds the market price
D. marginal revenue is less than average variable cost-- of 3 points
Question 4
When will a firm in perfect competition decide to shut down in the short run?
3 tries left
A firm will shut down in the short run if at the profitmaximizing quantity,
A. marginal revenue is less than average fixed cost
B. total revenue is less than total cost
C. average total cost exceeds the market price
D. marginal revenue is less than average variable cost
-- of 3 points Question 4 When will a firm in

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