A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to 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.

Emad Mohammed said abdalla · Answer

A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is The correct answer was: d. less than average variable cost.. less than average variable cost.

Subhash Karat · Answer

Option A (Greater than average total cost)

Ismael Hamad · Answer

I thank option D - right answer ...........

Salvatore Augello · Answer

answer D _________________________________

Nasir Hussain · Answer

d. less than average variable cost.................................................................

Deleted user · Answer

I chose option ------- D

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khaled elkholy · Answer

d. is right .......................................................................

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is option (D) less than average variable cost.

Khaled Anwar · Answer

The answer is : Option ( d )

Ahmed Mohamed Ayesh Sarkhi · Answer

I Will Choose Option " D "