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2. In the short run, if price is greater than average variable cost but less than average total cost, the firm will A. shut down.

2. In the short run, if price is greater than average variable cost but less than average total cost, the firm will A. shut down. B. earn a normal profit. C. earn an economic profit. D. produce and cover the part of its average fixed cost reflected in the difference between ATC and AVC

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