Solved

Which of the Following Does Not Apply to a Firm

Question 41

Multiple Choice

Which of the following does not apply to a firm that has shut down in the short run?

A) Variable cost is zero.
B) Total revenue is zero.
C) Total cost exceeds total revenue.
D) Total cost is zero.
E) Fixed cost is positive.

Related Questions

Q36: The demand curve facing a firm<br>A)indicates the

Q37: Marginal revenue is<br>A)the change in total revenue

Q38: A profit-maximizing firm will never increase production

Q39: Myron worked at a factory where he

Q40: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3973/.jpg" alt=" -What can be

Q42: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3973/.jpg" alt=" -If the firm

Q43: The demand curve facing a firm acts

Q44: If a firm is able to cover

Q45: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3973/.jpg" alt=" -Figure 8-13 shows

Q46: If a firm's short-run total cost curve