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A firm will shut down in the long-run if the a) price is above the minimum average total cost (ATC)

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A firm will shut down in the long-run if the

a) price is above the minimum average total cost (ATC).

b) price is equal to the minimum average total cost (ATC).

c) price is anywhere above the minimum average variable cost (AVC).

d) price is anywhere below the minimum average total cost (ATC).

e) the firm is making zero economic profits.