--%>

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 : Problem on purchasing newly-issued

    Can someone please help me in finding out the accurate answer from the following question. The individual who purchases a newly-issued corporate bond is: (i) Borrowing money from corporation. (ii) Lending money to corporation. (iii) Purchasing a share of corporation.

  • Q : Problem on Institutional frameworks I

    I have a problem in economics on Institutional frameworks. Please help me in the following question. The Institutional frameworks in which the transactions take place are: (1) Money mills. (2) Circular flows. (3) Barriers to entry. (4) Markets

  • Q : Purchasing ratio maximizing the total

    The consumer who spends income and hence the ratio of MUs of all goods purchased equivalents the ratio of their prices is: (i) Maximizing net utility. (ii) Spending too much. (iii) Beyond the point of diminishing negative utility. (iv) Behaving incompatibly through pu

  • Q : Labor markets gain maximization When,

    When, after hiring the very last worker, the organization’s profit is similar as it was before the last worker was hired, then the firm must: (p) Hire more workers to raise the profit. (q) Layoff some workers to raise the profit. (r) Not appoint any more workers

  • Q : Central bank executes clearing house

    Central bank executes the function of a clearing house. Explain how? Answer: Each and every bank keeps cash reserves with central bank. The claims of banks against

  • Q : Price crosses elasticity of demand for

    When each 1 percent hike in the price of pencils causes a 2 percent decline within the quantity of erasers sold, the price crosses elasticity of demand for such complementary goods is about: (1) -2.0. (2) -1.0. (3) -4.0. (4) 2.0. (5) 1.0.

  • Q : Problem on opportunity cost of consumer

    Refer to the given table. If the economy is producing at production alternative C, the opportunity cost of the tenth unit of consumer goods will be:

  • Q : Decrease prices as firms enter the

    When most firms in a competitive industry experience economic profits, in that case long run competitive pressures tend to cause: (w) greater economic profits. (x) prices to decrease as firms enter the industry. (y) industry output to fall. (z) severa

  • Q : Problem on positive quantity Supply The

    The law of supply defines that, other things equivalent: (1) Quantity supplied differs inversely with price. (2) A good’s supply is positively associated to its demand. (3) Quantity supplied is positively associated to price. (4) Prices and cost

  • Q : Condition for deficit in balance of

    What is the condition when there is a deficit in balance of trade? Answer: When import > export