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

Author Question: The shutdown point for a perfectly competitive firm is the (Read 73 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Apr 19, 2019

Question 1

A firm will shut down in the short run if


◦ it is suffering a loss.
◦ fixed costs exceed revenues.
◦ variable costs exceed revenues.
◦ total costs exceed revenues.

Question 2

The shutdown point for a perfectly competitive firm is the


◦ lowest point on the 
ATC curve.
◦ point at which a firm's long-run supply curve ends.
◦ lowest point on the 
AVC curve.
◦ lowest point on the marginal cost curve.
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 mydiamond on Apr 19, 2019

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
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 29% of students answer this correctly


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The FDA recognizes 118 routes of administration.

Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
One-handed kneading. Tissues are lifted with the whole hand in firm contact. One-handed kneading. Tissues are lifted with the whole hand in firm contact.
Competitive inhibitor Competitive inhibitor
Decimal Values as They Relate to the Location of the Decimal Point Decimal Values as They Relate to the Location of the Decimal Point
Set-Point Theory Set-Point Theory
Finding the length given total distance and distance longer than other point Finding the length given total distance and distance longer than other point
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library