--%>
Assignment Help - homework help

Shutting down the average expected revenue

All firms will shut down when the average expected revenue by selling output fails to exceed expected: (w) average total cost. (x) marginal cost. (y) average fixed cost. (z) average variable costs.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Decrease transportation and transaction

    The value of land is attributable to the ways exactly sites decrease transportation and other transaction costs are termed as: (1) location rents. (2) transportation rents. (3) short term quasi rents. (4) parcel posts. (5) transaction

    		•
  • Q : Break-even levels of output for a firm

    Break-even levels of output for a firm happen where is: (w) total revenue equals total economic cost. (x) accounting profits are zero. (y) total variable cost equals total fixed costs. (z) competitive firms will shut down within the short run.

  • Q : Total revenue and price variation in

    While total revenue decreases because of an increase within price the firm is operating into the_________ portion of consumers' demand curve. (1) relatively elastic. (2) relatively inelastic. (3) unitary elastic. (4) perfectly inelast

    		•
  • Q : Types of good An increase in the income

    An increase in the income of consumer X leads to a fall/down in the demand for that good by the consumer. What is good X termed? Answer: Normal good

    		•
  • Q : What is APC What is APC ? Answer : APC=

    What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.

    		•
  • Q : Firms demand for labor Assume that the

    Assume that the international auto industry has become monopolistically competitive and you run a small automaker. The events which would not directly influence your firm’s demand for labor comprise: (i) Sales of your company’s most admired car unexpectedl

    		•
  • Q : Poverty and Human Capital Enabling

    Enabling labor to move out of low-wage occupations by enhancing their education, skills, training and mobility, which will tend to: (w) lower the wages of those who leave the low wage occupation. (x) raise the wages of those who remain in the low wage

    		•
  • Q : Earn incentive to work When welfare

    When welfare recipients are needed to pay back $1 of benefits for each $1 of wages they earn, it will: (w) enhance the incentive to work. (x) weaken the incentive to work. (y) have no effect on the incentive to work. (z) reduce welfare benefits to the

    		•
  • Q : Define excess demand Excess demand : If

    Excess demand: If AD > AS at the full employment level. Then it is termed as Excess demand.

    		•
  • Q : Important of economies of scale to

    Karl Marx's prediction which competition ultimately leads to monopoly is most likely to be valid while: (w) diseconomies of scale discourage competition. (x) there are always constant returns to scale. (y) economies of scale are important relative to

    		•