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

Author Question: In the long run, perfectly competitive firms will exit the market if the price is (Read 113 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: May 24, 2019
In the long run, perfectly competitive firms will exit the market if the price is
◦ higher than average variable cost.
◦ equal to average total cost.
◦ less than average total cost.
◦ equal to average fixed cost.
◦ equal to marginal revenue.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bcretired on May 24, 2019

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: May 24, 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.
Answer Preview
Only 56% of students answer this correctly


bcretired

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: May 24, 2019
Thank you!


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Female roundworm. Roundworms have long, cylindrical bodies with a tough covering. Eggs laid by the ... Female roundworm. Roundworms have long, cylindrical bodies with a tough covering. Eggs laid by the ...
Major Categories of Long-Term Memory Major Categories of Long-Term Memory
Brush off front to finish. Long brushing strokes from head to feet to finish. Brush off front to finish. Long brushing strokes from head to feet to finish.
Rapid, long-distance signaling in plants Rapid, long-distance signaling in plants
Long bone formation Long bone formation
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library