In the long run a firm will leave an industry if price?

Economics JAMB 1987

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 checkmark
  • is higher than Average Varriable Cost
  • is not at least equal to the minimum of Marginal Cost curve

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment