When a firm chooses to shutdown, it is a. Making a poor decision because it should always

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When a firm chooses to shutdown, it is

a. Making a poor decision because it should always produce where marginal cost equals marginal revenue.

b. Making a poor decision because it should always produce where average costs exceed average revenue.

c. Making a good decision as long as the price it is getting is less than its average costs.

d. Making a good decision as long as the price it is getting is less than its average variable costs.

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