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Llanis Llanis
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6 years ago
Suppose that once a well is dug, water flows out of it continuously without any additional effort. Customers collect their water and pay a per gallon fee when they leave the site of the well. In the short run, the competitive firm in this market
A) has no variable costs.
B) has no fixed costs.
C) will shut down.
D) can produce water at no cost.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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#1
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6 years ago
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Llanis Author
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6 years ago
This site is awesome
momochiime
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Yesterday
Good timing, thanks!
ky
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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