Business, 08.04.2020 05:02, niyawilliams23

If a purely competitive firm shuts down in the short run: its loss will be zero. it will realize a loss equal to its total variable costs. it will realize a loss equal to its total fixed costs. it will realize a loss equal to its explicit costs.

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If a purely competitive firm shuts down in the short run: its loss will be zero. it will realize a l...