A firm should shut down in the short run if it is not covering its Options: A . &nbspVariable cost B . &nbspFixed cost C . &nbspTotal cost D . &nbspExplicit cost (money outlays)

A firm should shut down in the short run if it is not covering its

Question

A firm should shut down in the short run if it is not covering its

Options:

A . Variable cost

B . Fixed cost

C . Total cost

D . Explicit cost (money outlays)

Answer: Option A

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