If a Firm Shuts Down, It

question 166

Multiple Choice

If a firm shuts down, it

• A)will suffer a loss equal to its fixed costs.
• B)will produce nothing but must pay its variable costs.
• C)will produce nothing but must pay its fixed and variable costs.
• D)will earn enough revenue to cover its variable costs but not all of its fixed costs.

---

Definitions:

Fat-to-muscle Ratio

A measure of body composition that compares the amount of fat mass to muscle mass in an individual's body.

Metabolizes

The process by which a living organism takes in and transforms substances to produce energy, maintain its functions, and dispose of wastes.

Muscle

Tissue in the body of humans and animals that can contract and relax, allowing movement and force application.

Genital Warts

A sexually transmitted infection (STI) caused by certain strains of the human papillomavirus (HPV), characterized by the growth of warts in the genital area.