A firm should always shut down if its revenue is
A) declining.
B) less than its average fixed costs.
C) less than its total costs.
D) less than its avoidable costs.
D
Economics
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In practice, money growth targeting was
A) a good idea. B) a policy introduced in the U.S. in the 1970s, which continues to the present. C) better than interest rate targeting. D) a failure.
Economics
Which of the following combinations of goods is in line with a cross-price elasticity equal to zero?
A) Pancakes and maple syrup B) Kentucky fried chicken and Dove deodorant C) Pepsi and Dr. Pepper D) None of the above
Economics