A Firm Will Shut Down in the Short Run If

question 189

Multiple Choice

A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than which of its costs

• A)opportunity costs
• B)fixed costs
• C)variable costs
• D)total costs

Demonstrate knowledge of troubleshooting and customer service skills.

Recognize safety precautions necessary in computer maintenance.

Understand memory types and their uses in PCs.

Understand the concept and legal implications of deceptive pricing.

---

Definitions:

Death Instinct

A concept in psychoanalytic theory referring to an unconscious drive toward decay, destruction, and death.

Libido

A term used to describe sexual desire or drive, often considered as an instinctual component of personality in psychoanalytic theory.

Psychosexual Stages

Freud’s theory of childhood development focusing on different parts of the body as primary sources of pleasure and conflicts at each stage.

Regression

In psychoanalytic theory, retreating to an earlier, more immature stage of psychosexual development, usually because of stress but sometimes in the service of play and creativity.