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A profit-maximizing competitive firm will decide to exit a market when Group of answer choices they are not able to pay their variable costs. they
A profit-maximizing competitive firm will decide to exit a market when Group of answer choices they are not able to pay their variable costs. they are losing money and no longer have to worry about paying any variable costs. they are losing money (TR is less than TC) and no longer have to worry about paying any fixed costs. they are earning zero economic profit
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