aof.sorular.net
Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #756458
Introduction to Economics 1 Deneme Sınavı Sorusu #756458
In a market demand curve, the ‘break-even point’ refers to the point where _____.
Which of the following completes the statement above?
|
the demand curve shifts further leftward |
|
the price is equal to the average cost |
|
the price is under the average variable cost |
|
the marginal cost curve is below the shut-down point |
|
the firm supplies the product with maximum price |
Yanıt Açıklaması:
The firms earn a zero level of profit when the price equals average cost. The situation refers to a break-even point where the firm earns a normal profit. The correct answer is B.
Yorumlar
- 0 Yorum