If TR > TC, a Firm Would ________ in the Short

question 163

Multiple Choice

If TR > TC, a firm would ________ in the short run and ________ in the long run.

• A) operate; expand
• B) operate; contract
• C) shut down; expand
• D) shut down; contract

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Definitions:

Reproductive Potential

The biological capability to reproduce, involving factors like the viability of gametes, fertility, and general health influencing the success of reproduction.

Good Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Sexual Strategies Theory

The theory that men and women have different short-term and long-term mating strategies.

Evolutionary Mating

A theory suggesting that the patterns of dating, courtship, and sexual behavior are driven by innate biological instincts developed through natural selection to ensure reproductive success.