For the firm to continue to produce, in the long run, price must be greater than the average cost (p > AC) and in the short run, price must be…
CUET UG 2025 — Economics Micro
For the firm to continue to produce, in the long run, price must be greater than the average cost (p > AC) and in the short run, price must be greater than the ......
Held on 22 May 2025 · Verified 13 Jul 2026.
Options
- A
Average variable cost.
- B
Average fixed cost.
- C
Marginal cost.
- D
Total cost.
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