Firms Will Be Indifferent About Shutting Down or Producing If

Multiple Choice

Firms will be indifferent about shutting down or producing if the price they charge is

A) less than their minimum average total cost (ATC) .
B) less than their minimum average variable cost (AVC) .
C) greater than their minimum average variable cost (AVC) .
D) greater than their minimum average total cost (ATC) .
E) equal to their minimum average variable cost (AVC) .