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Home Q & A Board Other Fields Homework Help Business Economics
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Ingy_ Ingy_
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4 years 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

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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emneviusemnevius
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Ingy_ Author
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#2
4 years ago
Thanks
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