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During the summer, Adrianna runs a pool cleaning service. Given that pool cleaning is a perfectly competitive industry, in the short run, Adrianna will shut
During the summer, Adrianna runs a pool cleaning service. Given that pool cleaning is a perfectly competitive industry, in the short run, Adrianna will shut down if: a) total revenue does not cover fixed costs. b) total revenue does not cover variable costs. c) total revenue does not cover total costs. d) price exceeds average total cost.
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