mariahg1945 mariahg1945
  • 15-01-2020
  • Business
contestada

In the long run, if price is below the average variable cost, the perfect competitive firm should

Respuesta :

matthewadeyinka10
matthewadeyinka10 matthewadeyinka10
  • 15-01-2020

Answer:

The perfect competitive firm should shut down because it is evidence that the generated revenue can not meet or offset the variable cost of production.

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