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14 The short-run shutdown point for a perfectly competitive business occurs at the point where: Multiple Choice 00:49:00 O price equals minimum AC O total

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14 The short-run shutdown point for a perfectly competitive business occurs at the point where: Multiple Choice 00:49:00 O price equals minimum AC O total revenue is less than total cost O price equals minimum AVC O price equals minimum MC O the business stops making an economic profit

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