A firm will not shut down in the short run as long as at the point where MR = MC:
A. P >AVC.
B. P >ATC.
C. P >MC.
D. P >AFC.
Answer:A
A firm will not shut down in the short run as long as at the point where MR = MC:
A. P >AVC. B. P >ATC. C. P >MC. D. P >AFC.