Solved: It is not possible to know whether the industry has optimal, Macroeconomics

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It is not possible to know whether the industry has optimal

If P > AC in an given industry, then:

There are too many resources in that industry?

there are too few resources in that industry?

The industry has optimal amount of resources?

It is not possible to know whether the industry has optimal amount of resources?

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Macroeconomics: It is not possible to know whether the industry has optimal

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Macroeconomics: It is not possible to know whether the industry has optimal

Reference No:- TGS01539767

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