In the Short Run, a Monopolist Will Always Shut Down

question 239

Multiple Choice

In the short run, a monopolist will always shut down when

• A)total cost is greater than total revenue at all output levels
• B)total variable cost is greater than fixed cost
• C)total revenue is greater than total variable cost at all output levels
• D)fixed cost is greater than total revenue at all output levels
• E)total variable cost is greater than total revenue at all output levels

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