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Other Fields Homework Help Economics Topic started by: Villerys39 on Mar 3, 2019



Title: A company finds that at its present level of production, MC = AVC at $15, MC = ATC at $20, and MC = ...
Post by: Villerys39 on Mar 3, 2019
A company finds that at its present level of production, MC = AVC at $15, MC = ATC at $20, and MC = MR at $17. Your advice to the firm regarding its short-run operations is

• to continue production at a loss.

• to continue production, as it is earning an economic profit of $2 per unit.

• to continue production, as it is earning an economic profit of $3 per unit.

• to shut down.


Title: A company finds that at its present level of production, MC = AVC at $15, MC = ATC at $20, and MC = ...
Post by: dnlee1 on Mar 3, 2019
to continue production at a loss.