Which statement is false?
A. The break-even point lies on the firm's short-run supply curve.
B. The firm's short-run and long-run supply curves both run along the marginal cost curve.
C. In the short run a firm losing money will operate if the price is between the break-even point and the shutdown point.
D. The lowest price acceptable to a firm in the short run is at the break-even point.
D. The lowest price acceptable to a firm in the short run is at the break-even point.
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If UIP holds and if the home currency is expected to depreciate, then:
a. the home interest rate must be greater than the foreign interest rate. b. interest rates cannot be changing. c. the home interest rate must be less than the foreign interest rate. d. Not enough information is provided to answer the question
The nominal interest rate will be less than the real interest rate when
A) the rate of inflation is negative. B) the real interest rate is negative. C) the rate of inflation is positive and increasing. D) the rate of inflation is positive but decreasing.