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Other Fields Homework Help Economics Topic started by: Ingy_ on Jul 22, 2019



Title: If in the short run the firm incurs zero marginal cost, then the firm will:
Post by: Ingy_ on Jul 22, 2019
If in the short run the firm incurs zero marginal cost, then the firm will:

▸ never shut down.

▸ shut down if the price is less than the average total cost.

▸ shut down if the marginal cost equals the marginal revenue.

▸ shut down if the price is greater than the average variable cost.


Title: If in the short run the firm incurs zero marginal cost, then the firm will:
Post by: emnevius on Jul 22, 2019
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Title: If in the short run the firm incurs zero marginal cost, then the firm will:
Post by: Ingy_ on Jul 22, 2019
Thanks