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 99 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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

The opening of the throttle plate can be delayed as long as 30 milliseconds (0.030 sec) to allow ... The opening of the throttle plate can be delayed as long as 30 milliseconds (0.030 sec) to allow ...
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Economic objectives of firms Economic objectives of firms
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library