As long as it does not shut down, a perfectly competitive firm earns the maximum profit possible as long as it operates so that
A) market demand is inelastic.
B) its price exceeds its marginal revenue.
C) its price exceeds its average total cost.
D) its marginal revenue equals its marginal cost.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “As long as it does not shut down, a perfectly competitive firm earns the maximum profit possible as long as it operates so that A) market ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
1. William B. Hartsfield contributed to the growth of Georgia by A.) building a world-class resort and golf course B.) bringing the aviation industry to the state. C.) lowering taxes for manufacturing businesses D.
Answers (2)
A special power delegated only to the House of Representatives is
Answers (1)
How does technology give people more control over their environment
Answers (1)
Which of these best describes the effect the new technology had on the war? A The new technology made the war even more violent. B The new technology ended the need to use poisonous gas. C The new technology made the war less gruesome.
Answers (2)
1. Briefly describe the intuition thinking process and the logic thinking process. In your response, identify a key difference between the two, and give an example of when you have used each process.
Answers (1)
New Questions in Social Studies
In some circumstances, using the fire extinguisher found in the laboratory may be necessary. Which of the following scenarios represents an appropriate use of a fire extinguisher? Select one: a.
Answers (1)
Exchange theory suggests that we may Select one: a. like those who punish us and dislike those who reward us. b. like those who reward us and dislike those who punish us. c. be unattracted to people who are different from us. d.
Answers (1)
On your way to school today, you slipped and fell on the icy road. To make matters worse, you did it right in front of someone you are romantically interested in. Your feelings of extreme embarrassment reflect which facet of emotional responses
Answers (1)
How many people are in the world
Answers (2)
1. Early group of people in Northern Italy who were suspected of coming from Asia Minor ... A. Magyars B. Romans C. Etruscans D. Sicilians
Answers (1)