If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 percent, it should:...

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If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 percent, it should: use more

business economics

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Answer 1

Answer #1

Not change its output - is correct

In the short run decisions are based on marginal cost and do not depend on fixed cost.

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Answer 2

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If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 percent, it should:...

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Homework Answers

Add Answer to: If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 percent, it should:...

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If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 percent, it should:...