In What Situation Should a Firm Shut Down in the Short

In what situation should a firm shut down in the short run?

A) When its total revenue is less than its total fixed costs at all output levels.
B) When its total revenue exceeds its total variable costs at all output levels.
C) When the price is below its lowest average variable cost at all output levels.
D) When the price is below its lowest average total cost at all output levels.

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