Question
1.Based on the following information, state whether the perfectly competitive firm should shut down or continue to operate in the short run. Q= 40,P= $25,TFC=
1.Based on the following information, state whether the perfectly competitive firm should shut down or continue to operate in the short run.
Q= 40,P= $25,TFC= $200,TVC = $700
Draw the relevant graph based on firm's decision in this particular case.(Hint: calculate average costs first).
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Society, Economy, Religion And Festivals Of Tiwas In Assam
Authors: Bandana Baruah
1st Edition
9351288633, 9789351288633
