If a firm has a total fixed cost of R10 000, total variable cost of R8 000 and total revenue of R11 000, what should it
Posted: Sun Jun 05, 2022 12:00 pm
- If A Firm Has A Total Fixed Cost Of R10 000 Total Variable Cost Of R8 000 And Total Revenue Of R11 000 What Should It 1 (39.75 KiB) Viewed 45 times
- If A Firm Has A Total Fixed Cost Of R10 000 Total Variable Cost Of R8 000 And Total Revenue Of R11 000 What Should It 2 (30.17 KiB) Viewed 45 times
If a firm has a total fixed cost of R10 000, total variable cost of R8 000 and total revenue of R11 000, what should it do in the short run? decrease production continue producing temporarily shut down permanently shut down temporarily
Under conditions of perfect competition, if any one buyer increases her purchases, the market price falls. remains unchanged. will change, but in an unpredictable way. rises.