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Author Question: A firm that is earning a positive profit in the short run and expects to continue doing so has an ... (Read 96 times)

tatyanajohnson

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on: Apr 19, 2019

Question 1

If a firm's total revenue is less than its total variable cost, it should shut down.


◦ true
◦ false

Question 2

A firm that is earning a positive profit in the short run and expects to continue doing so has an incentive to expand its scale of operation in the long run.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by tatyanajohnson on Apr 19, 2019

bulacsom

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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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tatyanajohnson

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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