In the Short Run, a Firm Should Shut Down Its

question 50

Multiple Choice

In the short run, a firm should shut down its operation if:

• A) its losses are less than TFC at the MR = MC point.
• B) its losses equal TFC at the MR = MC point.
• C) its losses are greater than TFC at the MR = MC point.
• D) TR is less than TC.