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hiusy98 hiusy98
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7 years ago
A perfectly competitive firm will minimize its losses by shutting down when:
A) P < AVC at the profit-maximizing level of output.
B) P < ATC at the profit-maximizing level of output.
C) P < MC at the profit-maximizing level of output.
D) P < TFC at the profit-maximizing level of output.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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andyborziandyborzi
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7 years ago
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hiusy98 Author
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#2
7 years ago
Needed these to complete my project
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