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nana123 nana123
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5 years ago
In which market structure will a firm choose not to shut down when price is less than average variable cost?
A) perfect competition
B) monopoly
C) monopolistic competition
D) All of the above. Any firms will shut down when P < AVC.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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squereqsquereq
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5 years ago
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nana123 Author
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5 years ago
Above and beyond my expectations for this site
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