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Author Question: [( P- ATC) q] represents (Read 44 times)

SAVANNAHHOOPER23

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

Question 1

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


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

Question 2

[(
P - 
ATC)
q] represents


◦ economic profit.
◦ total revenue.
◦ total cost.
◦ average fixed cost.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by SAVANNAHHOOPER23 on Apr 19, 2019

ynlevi

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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.
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SAVANNAHHOOPER23

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Reply 2 on: Apr 19, 2019
Wow, this really help

bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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