Question
A perfectly competitive firm will shut down when its profits cannot cover its fixed costs. its revenues cannot cover its variable costs. its profits cannot
A perfectly competitive firm will shut down when
its profits cannot cover its fixed costs.
its revenues cannot cover its variable costs.
its profits cannot cover its variable costs.
its revenues cannot cover its fixed costs.
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Accounting
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
Volume 1, 2nd canadian Edition
176509739, 978-0176509736, 978-0176509743
