A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is :

1. A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is The correct answer was: d. less than average variable cost.. less than average variable cost. 

Option A  (Greater than average total cost)

I thank option D -  right answer ...........

answer D _________________________________

d. less than average variable cost.................................................................

I chose option ------- D

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d. is right .......................................................................

My answer is option (D) less than average variable cost.

The answer is  :  Option ( d ) 

I Will Choose Option " D "