(Consider This) an Unprofitable Motel Will Stay Open in the Short

question 167

Multiple Choice

(Consider This) An unprofitable motel will stay open in the short run if

• A) price (average nightly room rate) exceeds average variable cost.
• B) marginal revenue exceeds marginal cost.
• C) price (average nightly room rate) exceeds average fixed cost.
• D) marginal revenue exceeds price.

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Definitions:

Chimp's Genome

The complete set of genetic material of a chimpanzee.

Human's

Referring to characteristics, conditions, or possessions related to humans or humankind.

Biological Term

A word or phrase that pertains to the science of biology, dealing with the study of life and living organisms.

Reproductive Potential

The possible reproductive capacity of an individual or species under optimal conditions.