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wrote...
Posts: 218
4 weeks ago
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.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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wrote...
Posts: 239
4 weeks ago
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never shut down.
1
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wrote...
4 weeks ago
Thanks
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