A Firm Will Shut Down in the Long-Run If the

question 109

Multiple Choice

A firm will shut down in the long-run if the

• A) price is above the minimum average total cost (ATC).
• B) price is equal to the minimum average total cost (ATC).
• C) price is anywhere above the minimum average variable cost (AVC).
• D) price is anywhere below the minimum average total cost (ATC).
• E) firm is making zero economic profits.

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A writing style often used in news articles where the most important information is presented at the beginning, followed by details in decreasing order of importance.

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Short periods of rest or relaxation that are integrated into a work schedule to improve focus and productivity.

Coherent Paragraph

A group of sentences that are logically connected and support a single main idea.

Subject Line

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