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Home Q & A Board Other Fields Homework Help Business Economics
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djsmyers djsmyers
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Posts: 764
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6 years ago
If a competitive firm is in short-run equilibrium, then
A) profits equal zero.
B) it will not operate at a loss.
C) an increase in its fixed cost will have no effect on profit.
D) an increase in its fixed cost will have no effect on output as long as revenue can cover its variable cost.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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unExpectedunExpected
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#1
Posts: 267
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6 years ago
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* Majoring in business & math

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djsmyers Author
wrote...

6 years ago
Smart ... Thanks!
jcarter
wrote...

Yesterday
Thank you, thank you, thank you!
alpheratz
wrote...

2 hours ago
You make an excellent tutor!
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