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Author Question: If a perfectly competitive firm shuts down in the short run and exits the industry in the long run, ... (Read 72 times)

naturalchemist

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Question 1

If a perfectly competitive firm operates in the short run but exits the industry in the long run, then the firm's short run condition is


TR 
TC.
TR 
TVC and 
TR 
TC.
TR 
TVC.
TR 
TFC.

Question 2

If a perfectly competitive firm shuts down in the short run and exits the industry in the long run, the firm's short run condition is


TR 
TC.
TR 
TVC and 
TR 
TC.
TR 
TVC.
TR 
TFC.


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Marked as best answer by naturalchemist on Apr 19, 2019

manuelcastillo

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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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