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If firms in an industry are experiencing short - run losses, they shouldGroup of answer choicesShut down provided the prevailing market price is less than

If firms in an industry are experiencing short-run losses, they shouldGroup of answer choicesShut down provided the prevailing market price is less than the firms average total costContinue to operate provided that the prevailing market price is higher than the firms average variable costLeave the industry and enter a different, more profitable industryShut down and wait for market conditions to improve

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