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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 :

 a. greater than average total cost. 

 b. less than average total cost. 

 c. greater than average variable cost. 

 d. less than average variable cost. 

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Question ajoutée par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date de publication: 2015/06/07
Emad Mohammed said abdalla
par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. 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
par Subhash Karat , Account with customer Relation , Al Weleyah Trading Co. W L L

Option A  (Greater than average total cost)

Ismael Hamad
par Ismael Hamad , Trainer , ANTONOIL DMCC , Lukoil project, WQ2

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

Salvatore Augello
par Salvatore Augello , owner , A.S. Trade & Consult

answer D _________________________________

Nasir Hussain
par Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

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

Utilisateur supprimé
par Utilisateur supprimé

I chose option ------- D

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khaled elkholy
par khaled elkholy , HR MANAGER , misk for import & export

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

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

Khaled Anwar
par Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is  :  Option ( d ) 

Ahmed Mohamed Ayesh Sarkhi
par Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

I Will Choose Option " D "

 

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