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If a Firm Shuts Down in the Short Run

Question 162

Multiple Choice
If a firm shuts down in the short run, A)its loss equals zero. B)its loss equals its fixed cost. C)is makes zero economic profit. D)its total revenue is not large enough to cover its fixed cost.

If a firm shuts down in the short run,


A) its loss equals zero.
B) its loss equals its fixed cost.
C) is makes zero economic profit.
D) its total revenue is not large enough to cover its fixed cost.

Correct Answer:

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