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

Author Question: In the short run, a firm should shut down its operation if: a. its losses are less than TFC at the ... (Read 59 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
In the short run, a firm should shut down its operation if:
 a. its losses are less than TFC at the MR = MC point.
  b. its losses equal TFC at the MR = MC point.
  c. its losses are greater than TFC at the MR = MC point.
  d. TR is less than TC.
  e. TR exceeds TVC.

Question 2

If two goods were to become even stronger substitutes than before, an economist would expect the cross elasticity to become:
 a. positive.
  b. one.
  c. zero.
  d. smaller.
  e. larger.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


fbq8i

  • Member
  • Posts: 527
Reply 2 on: Jun 30, 2018
Gracias!

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Incentive spirometry. A portable incentive spirometer is useful for encouraging patients to exercise Incentive spirometry. A portable incentive spirometer is useful for encouraging patients to exercise
The Split-Brain Operation The Split-Brain Operation
The pressure cap should be checked for proper operation using a pressure tester as part of the ... The pressure cap should be checked for proper operation using a pressure tester as part of the ...
PCV valve operation in the event of a backfire. PCV valve operation in the event of a backfire.
The relationship between the permissible exposure limit (PEL), the short-term exposure limit (STEL), ... The relationship between the permissible exposure limit (PEL), the short-term exposure limit (STEL), ...
Short form of amino acids Short form of amino acids
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library