Business, 12.08.2019 22:30 ramenbates81
T-shirt enterprises is selling in a purely competitive market. it is producing 3,000 units, selling them for $2.00 each. at this level of output, the average total cost is 2.50 and the average variable cost is $2.20. based on these data, the firm should
a - shut down in the short run.
b - decrease output to 2,500 units.
c - ontinue to produce 3,000 units.
d - increase output to 3,500 units.
Answers: 2
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T-shirt enterprises is selling in a purely competitive market. it is producing 3,000 units, selling...
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