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Author Question: Under which of the following conditions will a profit-maximizing perfectly competitive firm shut ... (Read 93 times)

beccaep

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on: May 24, 2019
Under which of the following conditions will a profit-maximizing perfectly competitive firm shut down in the short run?
◦ when it is making a normal profit
◦ whenever its marginal cost is less than its marginal revenue
◦ when the price is less than its minimum average variable cost
◦ whenever its total cost is greater than its total revenue
◦ when the price is less than its minimum average total cost
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by beccaep on May 24, 2019

ally

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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beccaep

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Reply #2 on: May 24, 2019
Excellent


ally

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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