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A producer sustains a loss in the short run if
Classroom
Economics Classroom
Jamb
Jamb 1986
The Theory Of Production
Producers Equilibrium
More Topics
A producer sustains a loss in the short run if
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Marfinal revenue is less than price
B
Price is less than average cost
C
Average variable cost is less than average cost
D
Marginal cost is less than marginal revenue
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
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