[单选题]

Three firms operate under perfect competition, producing 900 units of the same product but using different production technologies. Each company's cost structure is indicated in the table:

Which of the following statements is most accurate? If the unit selling price is:

A.$4.50,all firms should continue to operate in the short run,but exit the market in the long run if these conditions are expected to persist.

B.$3.00,Firm X should continue to operate in the short run,but Firms Y and Z should shut down production.

C.$6.00,all firms should exit the market in the long run.

参考答案与解析:

相关试题

Three firms operate under perfect competition, producing 900 units of the same product but using dif

[单选题]Three firms operate under perfect competition, producing 900 units of the s

  • 查看答案
  • 完全竞争(Perfect Competition)

    [主观题]完全竞争(Perfect Competition)

  • 查看答案
  • 完全竞争(Perfect Competition)

    [名词解释] 完全竞争(Perfect Competition)

  • 查看答案
  • An analyst should most likely include two firms in the same peer group for analysis if the firms:

    [单选题]An analyst should most likely include two firms in the same peer group for

  • 查看答案
  • Which of the following describes the difference between perfect competition and monopolistic competi

    [单选题]Which of the following describes the difference between perfect competition

  • 查看答案
  • A firm that reports under IFRS is producing under a long-term contract for which it cannot measure t

    [单选题]A firm that reports under IFRS is producing under a long-term contract for

  • 查看答案
  • The total output in units and average selling prices in a hypothetical economy producing only two pr

    [单选题]The total output in units and average selling prices in a hypothetical econ

  • 查看答案
  • An analyst is comparing two firms, one that reports under IFRS and one that reports under FASB stand

    [单选题]An analyst is comparing two firms, one that reports under IFRS and one that

  • 查看答案
  • Under U.S. GAAP, firms are required to capitalize:

    [单选题]Under U.S. GAAP, firms are required to capitalize:A.Any asset with a useful

  • 查看答案
  •  Under the law of competition, the employer of thousands is forced into the strictest economies

    [问答题]Under the law of competition, the employer of thousands is forced into the

  • 查看答案
  • Three firms operate under perfect competition, producing 900 units of the same product but using dif