Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: corie on Oct 24, 2017



Title: Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down. What ...
Post by: corie on Oct 24, 2017
Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down.  What is the firm's producer surplus?
A) PS is positive in this case, but we cannot determine the value based on the given information
B) PS is negative in this case, but we cannot determine the value based on the given information
C) PS = -$500,000
D) PS = 0


Title: Re: Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down. ...
Post by: Canih on Oct 24, 2017
Content hidden


Title: Re: Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down. ...
Post by: Wang Zhijian on Mar 28, 2020
good


Title: Re: Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down. ...
Post by: Zhan Wei Goh on Mar 30, 2020
thank you


Title: Re: Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down. ...
Post by: Jessica Wang on Apr 4, 2020
thank you so much!!


Title: Re: Suppose a firm has unavoidable fixed costs of $500,000 per year, and it decides to shut down. ...
Post by: Black Jack on Aug 8, 2020
thank you for explaining!