The price-taker firm should discontinue production immediately if:
a. the market price exceeds the firm's average total costs.
b. the market price is less than the firm's average variable costs.
c. the market price is less than the firm's average total costs, but greater than its average variable cost.
d. its accounting statement indicates that it is suffering losses.
Question 2
If automobiles and gasoline are complements, then their cross-elasticity coefficient will be:
a. strictly greater than one.
b. positive.
c. equal to zero.
d. negative.
Many types of edible fungi are grown for the market.
Primary production is positively correlated with the evapotranspiration rate.
Primary production increases with an increase in total phosphorus concentration.
The neural pathway responsible for the production and learning of song in the male canary.
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