This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economic profit is (Read 35 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Apr 19, 2019

Question 1

A firm will choose to operate rather than shut down as long as


◦ price is greater than or equal to 
AFC.
◦ AFC is greater than 
AVC.
◦ price is greater than or equal to 
AVC.
◦ AVC is greater than 
MC.

Question 2

Economic profit is


◦ (
P‐
ATC)
q.
◦ (
P+
ATC)
q.
◦ P(
q-
ATC).
◦ Pq/
ATC.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fahad on Apr 19, 2019

DHRUVSHAH

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


fahad

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Apr 19, 2019
TY


DHRUVSHAH

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

IPCC economic scenarios IPCC economic scenarios
economic economic
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: Physiology of Asthma

For a complete list of videos, visit our video library