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

Author Question: If a perfectly competitive firm shuts down in the short run and exits the industry in the long run, ... (Read 24 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
on: Apr 19, 2019

Question 1

If a perfectly competitive firm operates in the short run but exits the industry in the long run, then the firm's short run condition is


◦ TR > 
TC.
◦ TR > 
TVC and 
TR < 
TC.
◦ TR < 
TVC.
◦ TR < 
TFC.

Question 2

If a perfectly competitive firm shuts down in the short run and exits the industry in the long run, the firm's short run condition is


◦ TR > 
TC.
◦ TR > 
TVC and 
TR < 
TC.
◦ TR < 
TVC.
◦ TR < 
TFC.
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 naturalchemist on Apr 19, 2019

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
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 56% of students answer this correctly


naturalchemist

  • Hero Member
  • *****
  • Posts: 542
Reply #2 on: Apr 19, 2019
Excellent


manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Associative Long-Term Potentiation Associative Long-Term Potentiation
The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
When young infants hold objects for a long period of time they eventually become habituated to them. When young infants hold objects for a long period of time they eventually become habituated to them.
Cut view of long bone. Cut view of long bone.
Long-Range Forecasts Long-Range Forecasts
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library