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sgy_89 sgy_89
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6 years ago
If the average total cost (ATC) curve is tangent to the demand curve at the output where MR equals MC, the price searcher
A) will shut down in the short run.
B) will earn a loss, but continue to operate.
C) will earn an economic profit.
D) will earn a normal profit.
E) It will be indifferent between operating and shutting down.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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