The purely competitive firm should close down when its pr...
The purely competitive firm should close down when its price is less than its
Average variable cost
Total fixed cost
Average total cost
Marginal cost
Correct answer is A
No explanation has been provided for this answer.
Output (units) 50 60 70 80 90 Total revenue (TR) $ 8...
Which of the following is excluded when making national income? ...
Government can influence aggregate demand through all the following measures except ...
The difference between demand and wants is in the ...
Population growth can be controlled by all the following except ...
If in this demand-supply diagram, the quantity supplied is OQ, then ...
The developments banks are essentially different from commercial banks because they ...
The demand curve for a commodity is downward sloping because the consumer will pay ...
Which of the following is not a negative effect of inflation ...
The need to construct a scale of preference is necessitated by____________ ...