In the long run, any firm will eventually leave the industry if

In the long run, any firm will eventually leave the industry if

A).  Price does not at least cover average total cost

B).  Price does not equal marginal cost

C).  Economies of sale are being reaped

D).  Price is greater than long run average cost

---

Join Telegram Group

Answer This Question
Name:
Email:
Answer :
Sum of (4+4)
Submit:

Other Questions

1. The _________ of a firm is a relationship between inputs used and output produced by the firm.

2. Temporary tax levied to obtain additional revenue is called:

3. An isoquant slopes

4. Which of the following is India?s Tax to GDP ratio ?

5. 'Repo rate' is the rate at which :

6. Which statement is true

7. Question 1:What do you mean by rural development? Bring out the key issues in rural development.

8. A tax levied on the values that are added to goods and services by the producers at various stages of production and distribution is called

9. The law of demand states that

10. Which of the following countries feature in top 5 in both Destinations of Exports from India as well as imports from those countries to India (financial year 14-15) 1. Saudi Arabia 2. Hong Kong 3. UAE 4. Switzerland