If at 4,000 units, the price the firm can charge is higher than its AVC and lower than its ATC, then the firm will earn a profit

Indicate whether the statement is true or false

F

Economics

You might also like to view...

Gross investment equals

A) net investment - depreciation + change in inventories. B) net investment + depreciation. C) net investment + change in inventories. D) depreciation + change in inventories.

Economics

In the short run in the Keynesian model, an increase in the domestic money supply would cause domestic output to ________ and the domestic real interest rate to ________

A) rise; rise B) fall; rise C) rise; fall D) fall; fall

Economics