The break-even price for a perfectly competitive firm is the price that is equal to
A) AVC.
B) ATC.
C) MC.
D) MR
B
Economics
You might also like to view...
As of 2011, which of the following was the largest stock exchange in terms of total value traded?
A) the New York Stock Exchange B) London Stock Exchange C) Shanghai Stock Exchange D) Tokyo Stock Exchange
Economics
The main cost of a college education is
A) tuition if one goes to a private college and room and board if one goes to a public college. B) dependent upon whether one's parents pay for the college or not. C) the lack of practical experience from spending time in college. D) the opportunity cost of not working.
Economics