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insherro insherro
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7 years ago
By shutting down when price is less than average variable cost at the profit-maximizing level of output, a perfectly competitive firm will limit its losses to its:
A) total variable costs.
B) total costs.
C) total fixed costs.
D) marginal costs.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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University of Ottawa - Economics for Managers
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andyborziandyborzi
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#1
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7 years ago
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insherro Author
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7 years ago
Thanks
2ne1_12345
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Yesterday
this is exactly what I needed
joyceess
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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