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In the long run a firm will leave an industry if price?
Classroom
Economics Classroom
Jamb
Jamb 1987
Theory Of Costs And Revenue
Short-run And Long-run Costs
More Topics
In the long run a firm will leave an industry if price?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Does not cover at at least Average Total Cost
B
Is not equal to Marginal Cost
C
Is higher than Average Varriable Cost
D
Is not at least equal to the minimum of Marginal Cost curve
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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