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Author Question: A firm will shut down in the long-run if a. P>AVC b. PATC[br][br][b][color=black]Question ... (Read 73 times)

Kikoku

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on: Jul 1, 2018
A firm will shut down in the long-run if
 a. P>AVC
  b. P  c. P=ATC
  d. P>ATC

Question 2

Which of the following is true?
 a. Decision making should never be centralized
 b. If you decide to centralize the decision making authority, figure out a way to keep information hidden from it
  c. If you decide to centralize the decision making authority, figure out a way to transfer information to the third party
  d. If you decide to centralize the decision making authority, figure out a way to transfer information to the decision maker


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jaykayy05

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Kikoku

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Excellent

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