If a purely competitive firm shuts down in the short run: its loss will be zero. it will realize a loss equal to its total variable costs. it will realize a loss equal to its total fixed costs. it will realize a loss equal to its explicit costs.
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Home » Business » If a purely competitive firm shuts down in the short run: its loss will be zero. it will realize a loss equal to its total variable costs. it will realize a loss equal to its total fixed costs. it will realize a loss equal to its explicit costs.