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The Figure Given Below Shows the Aggregate Demand and Supply

Question 130

True/False

The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7
The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7 -A firm will shut down permanently if total revenue is not sufficient to pay for total costs in the long run.
-A firm will shut down permanently if total revenue is not sufficient to pay for total costs in the long run.

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