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Author Question: For the following, please answer "True" or "False" and explain why.If the market price in a ... (Read 86 times)

KWilfred

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on: Mar 14, 2021

Question 1

For the following, please answer "True" or "False" and explain why.


If a firm cannot earn profits in the short run, it will shut down.

Question 2

For the following, please answer "True" or "False" and explain why.


If the market price in a competitive market is below the minimum of average variable cost, the firm will shut down.
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Marked as best answer by KWilfred on Mar 14, 2021

krakiolit

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Reply #1 on: Mar 14, 2021
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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KWilfred

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Reply 2 on: Mar 14, 2021
Excellent

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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