In the long run, a firm should exit when:

AndrewKraus

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6 years ago

In the long run, a firm should exit when:

In the long run, a firm should exit when:
A) price is less than average total cost.
B) price is equal to average total cost.
C) price is equal to marginal cost.
D) price is more than marginal cost.

Textbook

Microeconomics

Edition: 1^st

Authors: Acemoglu, Laibson, List

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AndrewKraus Author

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6 years ago

Needed this for my economics assignment, thanks

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