mariahg1945 mariahg1945
  • 15-01-2020
  • Business
contestada

In the long run, if price is below the average variable cost, the perfect competitive firm should

Respuesta :

matthewadeyinka10
matthewadeyinka10 matthewadeyinka10
  • 15-01-2020

Answer:

The perfect competitive firm should shut down because it is evidence that the generated revenue can not meet or offset the variable cost of production.

Answer Link

Otras preguntas

The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital c
50 is 40% of what number?
You work at a clothing store, and your boss wants you to find out which type of shirt had the highest percentage of sales. You found that 13 out of 20 tank tops
50 is 40% of what number?
What is 689 divided by 53
do you know 3 prime numbers that equal 32
Why did the Virginia Company give settlers the right to self-government?
You bought a car for $25,000. You have owned it for one year, and it is now worth $21,000. What is the percent decrease in your car's value?16%19%84%119%
what times what equal 16?
rewrite the expression without using grouping symbols. -6(8+12)