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

Author Question: A firm will shut down in the short term if (Read 69 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: May 25, 2020

Question 1

In a perfectly competitive market, which of the following statements must be TRUE?
◦ The average fixed cost curve will be U-shaped.
◦ Economies of scale will be gained in the long run.
◦ Marginal revenue equals price.
◦ Supernormal profit can be earned in the long run.

Question 2

A firm will shut down in the short term if
◦ AR = AVC.
◦ AR < AVC.
◦ AVC < AC.
◦ AR > AVC.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by gbarreiro on May 25, 2020

Joc

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: May 25, 2020
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 25% of students answer this correctly


gbarreiro

  • Member
  • Posts: 566
Reply 2 on: May 25, 2020
:D TYSM

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Role of PKM-zeta in Long-Lasting Long-Term Potentiation Role of PKM-zeta in Long-Lasting Long-Term Potentiation
Example of Index entry with Main Term and indented subterms. Example of Index entry with Main Term and indented subterms.
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Full-term pregnancy Full-term pregnancy
Human activity has released carbon from sequestration in long-term reservoirs Human activity has released carbon from sequestration in long-term reservoirs
Video: Deglutition

For a complete list of videos, visit our video library