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Tidy Tidy
wrote...
Posts: 4852
9 years ago
If a firm's average total cost is less than price where MR=MC
A) the firm should shut down.
B) the firm should raise its price.
C) the firm should continue to produce the output it is producing.
D) the firm should cut back on its output to lower its cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 199 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Tidy Author
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9 years ago
This helped my grade so much Perfect
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Yesterday
Good timing, thanks!
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2 hours ago
Just got PERFECT on my quiz
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