In the short-run, a firm's decision to shut-down should not take into consideration
a. Avoidable costs
b. Variable costs
c. Fixed costs
d. Marginal costs
c
Economics
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The Solow residual attempts to measure the amount of output not explained by
A) technological progress. B) the direct contribution of labor and capital. C) economic projections. D) the amount of a nation's human capital.
Economics
A market with a few large sellers is called
A) perfectly competitive. B) monopolistically competitive. C) a monopoly. D) an oligopoly.
Economics