Answer to Question #22640 in Economics of Enterprise for Sheena Panghulan

Question #22640
The decision to shut down is made in short run or long run?
1
Expert's answer
2013-01-22T09:07:12-0500
The decision to shut down is made in short run, ifP<AVC. And it is made in the long run, if P<ATC.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
APPROVED BY CLIENTS