【題目】 A firm in pure competition would shut down when price is less than average variable cost. price is less than average total cost. price is less than average fixed cost. price is less than marginal cost.
【題目】 If price exceeds average costs under pure competition, in the long run ,______ firms will enter the industry, supply will ______, and price will be driven ______. more ; increase ; up more ; increase ; down more ; decrease ; down more ; decrease ; up
【題目】 If price exceeds average costs under pure competition, in the long run ,______ firms will enter the industry, supply will ______, and price will be driven ______. more ; decrease ; down more ; decrease ; up more ; increase ; down -------答案 more ; increase ; up