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Question Practice

A firm will continue to operate in the short run as long as which condition holds?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
The Theory Of The Firm Under P...
Question Bank

A firm will continue to operat...

Single Answer MCQ
Q-00089526

A firm will continue to operate in the short run as long as which condition holds?

1

Price is greater than or equal to total cost

2

Price is greater than or equal to AVC

3

Total revenue exceeds total cost

4

Marginal revenue exceeds marginal cost

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