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Select all that apply Which of the following capture the conditions under which firms will shutdown? Multiple select question. If price is less than average
Select all that apply Which of the following capture the conditions under which firms will shutdown? Multiple select question. If price is less than average variable cost even when the firm produces at the level of output that minimizes average variable cost. If the firm's revenue is less than the firm's total cost at all levels of output. If the firm's revenue is less than the firm's variable cost at all levels of output
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