In short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is

Question

a. greater than average total cost. b. less than average total cost. c. greater than average variable cost. d. less than average variable cost.

Sashikanta Mohapatra · Answer

Option d..The4th option is the right one.

مستخدم محذوف‎ · Answer

b. less than average total cost

and please put into consideration the time mentioned ' short run ' not long run as if it is long run or any other time option so it shall be d. less than average variable cost.

Ahmed Mohamed Ayesh Sarkhi · Answer

I Will Go With Option " D " ....

khaled elkholy · Answer

Agree with Mr bind. .....,,,,,,,,,,,,,

Vinod Jetley · Answer

d. less than average variable cost.

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In short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is

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