Which statement is false? a) When the firm shuts down, output is zero. b) When variable cost

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Which statement is false?

a) When the firm shuts down, output is zero.

b) When variable cost is zero, output is zero.

c) When output is zero, total cost is zero.

d) None of the above.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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