jump to content of this page Bized logo linked to homepage
You are here: Home > Learning Materials > Economics > Question Bank > Firms: Long run costs

Learning Materials
Bookmark and Share

Advanced

Resources

Use the drop down boxes below to find resources related to this page.

Definitions:


Question Bank - Economics

Firms: Long run costs

Q1. In the long-run, some firms will exit the market if the price of the good offered for sale is less than

(Select one answer)

(a) * marginal revenue
(b) * marginal cost
(c) * average total cost
(d) * average revenue

Source: Mankiw logo

Click to view your total score for all the above questions that you have attempted.

Contents | Previous | Next