Firing a Customer May Be Appropriate If the Customer Is

question 76

True/False

Firing a customer may be appropriate if the customer is not profitable, not new, and shows little or no opportunity for learning.

Understand the concept and calculation of marginal cost (MC).

Identify the conditions under which a business will continue to operate, shut down, or exit the industry.

Analyze the impact of output changes on different types of costs.

Understand the significance of economies of scale on long-run average cost.