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Refer to Exhibit 8 . 1 3 , which shows a perfectly competitive market. If the marginal cost curve intersects the average variable cost curve

Refer to Exhibit 8.13, which shows a perfectly competitive market. If the marginal cost curve intersects the average variable cost curve at point m , then the shut down point is represented by
a) area A.
b) area B
c) $6
d) point e.
e) point m.
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