Vidyalelo
Management · Q212

Managerial Economics

Graduate and Post Graduate · Management · question 212

Q212

One would expect a firm to close down rather than continue producing in the short-period if

A.
Variable costs were to fall below fixed costs
B.
Total revenue were less than total variable cost
Answer
C.
Total revenue were more than total variable cost
D.
Variable costs were to rise above fixed costs

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board