A firm will not shut down in the long run as long as the firms revenue
A) is larger than the firm's variable cost.
B) is greater than the firm's marginal cost.
C) is greater than the fixed cost.
D) is less than the total cost.
Correct Answer:
Verified
Q86: Recall the Application about the break-even price
Q87: In the short run, a firm that
Q88: If marginal revenue is $10 and marginal
Q89: If in the short run the firm
Q90: If marginal revenue is $8 and marginal
Q92: If average total cost > average variable
Q93: Recall the Application about the break-even price
Q94: For a perfectly competitive firm, price always
Q95: A perfectly competitive firm that is maximizing
Q96: 
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