If the Average Total Cost of Supplying a Good Exceeds

question 70

Multiple Choice

If the average total cost of supplying a good exceeds the price at which the good can be sold, then entrepreneurs have:

• A) an incentive to supply the good.
• B) no incentive to supply the good.
• C) an incentive to supply only a small amount of the good.
• D) an incentive to raise the average total cost of producing the good.

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