A perfectly competitive firm sells 10 units of Good X at a price of $2 per unit. It incurs a fixed cost of $5 and a variable cost of $40 to produce the good. Which of the following is true??

A perfectly competitive firm sells 10 units of Good X at a price of $2 per unit. It incurs a fixed cost of $5 and a variable cost of $40 to produce the good. Which of the following is true?? PLDZ-5776 Instant Download Price
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A perfectly competitive firm sells 10 units of Good X at a price of $2 per unit. It incurs a fixed cost of $5 and a variable cost of $40 to produce the good. Which of the following is true??https://zh.scribd.com/document/343514419/Uop-Tutorial

 

A perfectly competitive firm sells 10 units of Good X at a price of $2 per unit. It incurs a fixed cost of $5 and a variable cost of $40 to produce the good. Which of the following is true??

?The average revenue of the firm is $20. 

?The firm should operate in the short run but shut down in the long run.

?The firm should shut down.

?The marginal cost of the good is $4.

 

 

A perfectly competitive firm sells 10 units of Good X at a price of $2 per unit. It incurs a fixed cost of $5 and a variable cost of $40 to produce the good. Which of the following is true??https://zh.scribd.com/document/343514419/Uop-Tutorial A
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