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The purely competitive firm should shut down temporarily if: Group of answer choices The market price exceeds the firm's average total costs The market price

The purely competitive firm should shut down temporarily if: Group of answer choices The market price exceeds the firm's average total costs The market price is less than the firm's average fixed costs, and the situation is not expected to improve in the future The market price is less than the firm's average variable costs, but price is expected to rise in the near future Its accounting statement indicates that it is suffering losses It is only making a small economic profit

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