Question

$, p, C MC 75 - - 1 1 1 AC 60 - - - - 1 AVC - 1 45 1 - 21 - 10 23 28 33 The figure above shows the short-run cost curves for
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Answer #1

In perfect competitive market, the firm shutdowns if price falls below AVC.

Hence here correct answer is Price below 45 $.

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