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price less than a p atc 11 if this firm...

Question: price less than a p atc 11 if this firm...

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price less than: A. P ATC 11. If this firm is in a constant-cost industry, the long AVC run equilibrium price is: 12. In the short run, what would be the price if the firm was indifferent to producing or shutting down? a, o, o,o, a 13. Assume the current price is P and the firm belongs A. firms will enter the industry and the long-run price will B. firms will enter this industry and the long-run price will C. firms will enter this industry and the long-run price will D. the number of firms wont change and price wont Quantity to an increasing-cost industry. In the long run: be P be less than Ps, but greater than P be less than P3. change. 14. Assume the current price is Ps and the firm belongs A. firms will enter the industry and the long-run price will B. C. D. to a decreasing-cost industry. In the long run: be Ps. firms will enter this industry and the long-run price will be less than Ps, but greater than P firms will enter this industry and the long-run price will be less than Ps the number of firms wont change and price wont 15. Assume the current price is Ps and the firm belongs A. firms will exit the industry and the long-run price will B. to an increasing-cost industry. In the long run: be Ps. firms will exit this industry and the long-run price will be greater than P2, but less than P. C. firms will exit this industry and the long-run price will be greater than Ps. the number of firms wont change and price wont change. D.

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