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MrGrimey MrGrimey
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6 years ago
If the market price in a competitive market is below the minimum of average variable cost, the firm will shut down.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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6 years ago
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MrGrimey Author
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6 years ago
Brilliant
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Yesterday
this is exactly what I needed
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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