Table 10-2
?
Firm A
Firm B
Firm C
Firm D
Total revenue (TR) $
100
150
100
100
Total variable cost (TVC)
180
160
60
140
Short-run nonvariable cost
60
20
60
100
?
Refer to Table 10-2. Which firm is better off staying in business in the short run?
A. Firm A
B. Firm B
C. Firm C
D. Firm D
Answer: C
Economics
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