In the long-run equilibrium in a perfectly competitive market, the firms produce at the ________ possible average total cost and the price equals the ________ possible average total cost

A) highest; highest
B) lowest; lowest
C) highest; lowest
D) lowest; highest

B

Economics

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Government savings, , is equal to

A) T - G. B) T + G. C) T = G. D) T + G - I. E) T - G = I.

Economics

Which of the following transactions is not a use of funds for Country A?

a. Increases in Country A's central bank reserve assets. b. Dividends Country A pays to the rest of the world. c. Loans to Country A from the rest of the world. d. All of these are uses of funds. e. None of the above is a use of funds.

Economics