Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
perfect competition, prices: a firm may continue to operate in the short run with economic losses as long as [what about the price?] because the losses are less than total fixed costs.
Answer
price is greater than AVC

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
perfect competition, prices: a firm may continue to operate in the short run with economic losses as long as [what about the price?] because the losses are less than total fixed costs.
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
perfect competition, prices: a firm may continue to operate in the short run with economic losses as long as [what about the price?] because the losses are less than total fixed costs.
Answer
price is greater than AVC
If you want to change selection, open original toplevel document below and click on "Move attachment"

Parent (intermediate) annotation

Open it
A firm may continue to operate in the short run with economic losses as long as price is greater than AVC because the losses are less than total fixed costs.

Original toplevel document (pdf)

owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p89

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill


Discussion

Do you want to join discussion? Click here to log in or create user.