iz 4 ded Assignment | Back to Assignment Due Sunday 07.15.18 at 12. Question 12

Question

iz 4 ded Assignment | Back to Assignment Due Sunday 07.15.18 at 12. Question 12 In the short run, the best policy for a perfectly competitive firm is to produce and sell its product as long as price is greater than average variable cost. O B. none of the above O C. shut down its operation if price ever falls below average total cost O D. a and c O E. shut down its operation if price falls between average total cost and average variable cost. Continue without Copyright NoticesTerms of UsePrivacy Notice Security Notice Accessibility

Explanation / Answer

Answer:

Option a. Produce and sell its product as long as price is greater than average variable cost

Is the correct answer.

Please rate me if you have any doubt then please let me know.

Thanks!

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.