In the long run a firm will leave an industry if price
In the long run a firm will leave an industry if price
Does not cover at at least Average Total Cost
Is not equal to Marginal Cost
Is higher than Average Varriable Cost
Is not at least equal to the minimum of Marginal Cost curve
Correct answer is B
No explanation has been provided for this answer.
The type of business finance that entitles the holder to a fixed rate of dividend is ...
The expression ‘terms of trade’ is used to describe ...
The movement of curve I to ll suggests ...
The cost which firm will incur whether it is in production or not, is referred to as ...
Production in Economics occurs when ...
If demand increases without a change in supply, equilibrium price and quantity will ...
Stock and shares as well as bonds are examples of instruments used in the ...