The figure above shows a perfectly competitive firm. The firm will shut down in the short run if total fixed costs
A) are between $201 and $400.
B) exceed $401.
C) are less than $200.
D) exceed total costs.
C
Economics
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Under imperfect competition, a firm's:
a. demand curve lies below its marginal revenue curve. b. demand curve lies above its marginal revenue curve. c. demand curve coincides with its marginal revenue curve. d. demand curve coincides with its marginal cost curve. e. demand curve coincides with its average cost curve.
Economics
Explain how the aggregate demand and aggregate supply model can be made more dynamic
What will be an ideal response?
Economics