
What costs do firms that shut down in the short run still have to pay
A) variable costs
B) fixed costs
C) total cost
D) marginal cost
Correct Answer:
Verified
Q65: Suppose that in 2015,farmers in western Canada
Q66: Figure 14-3 Q67: When a profit-maximizing firm in a competitive Q68: When price is below average variable cost Q69: What happens if a competitive firm is Q71: What happens if a competitive firm is Q72: When a firm makes a short-run decision Q73: When will a profit-maximizing firm in a Q74: Which curve is a firm's short-run supply Q75: What is one of the most important
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents