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Ted's Pancake Kitchen suffers a short-run loss. When should Ted decide to shut down rather than continue to produce? O if his Kitchen's revenue is

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Ted's Pancake Kitchen suffers a short-run loss. When should Ted decide to shut down rather than continue to produce? O if his Kitchen's revenue is less than its fixed costs O if his Kitchen's revenue is less than its total costs O if his Kitchen's revenue is less than its explicit costs if his Kitchen's revenue is less than its variable costs

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