1.

Will aprofit-maximising firm in a competitive market produce a positivelevel of output in the long run if the market price is less than theminimum of AC? Give an explanation.

Answer»

Will a
profit-maximising firm in a competitive market produce a positive
level of output in the long run if the market price is less than the
minimum of AC? Give an explanation.



Discussion

No Comment Found

Related InterviewSolutions