A firm will not shut down in the long run as long as the firm's revenue:
A. is larger than the firm's variable cost.
B. is greater than the firm's marginal cost.
C. is greater than the fixed cost.
D. is less than the total cost.
Answer: A
Economics
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When the U.S. government purchases capital equipment, such as a computer, these expenditures are part of investment in GDP
a. True b. False Indicate whether the statement is true or false
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The investment function will shift when there is a change in
A. the cost of borrowing. B. firms' profit expectations. C. the opportunity cost of retained earnings. D. the interest rate.
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