When will a perfectly competitive firm shut down temporarily?
When the market price is so low that total revenue is insufficient to cover the

Question

When will a perfectly competitive firm shut down temporarily? 
 When the market price is so low that total revenue is insufficient to cover the

Answer

total fixed cost of production.

Answer

total cost of production.

Answer

average variable cost of production.

Answer

total variable cost of production.

Answer

marginal cost of production.

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