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Maksim231197 [3]
3 years ago
10

g will shut down for sure when the market price is​ _____.A.less than ​$ a B.less than the marginal costC.greater than the margi

nal costD.less than average total costE.​$ a
Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

B. less than the marginal cost

Explanation:

In the short run, a firm should shut down if price is less than average variable cost or marginal cost. the firm should shut down because it is making losses. When the firm shuts down, it still incurs some fixed cost such as rent but it would not incur variable cost e.g. wages.

The firm should exit the market in the long run if price is less than average total cost

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Answer:

Explanation:

It is given that there is a liability to creditors of 6,500

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a) Shareholder's equity = Total assets - Total liability = 10,250 - 6,500 = 3,750

b) Shareholder's equity = Total assets - Total liability = 5,900 - 6,500 = -600

4 0
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Which of the following is an advantage of consumer credit?
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In a research proposal, which section comes first?
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a. introduction

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3 years ago
Which of the following is not true regarding economic exposure? a. The impact of a change in the local currency on inflow and ou
Natali [406]

Answer:

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