Statementbis correct. IfARis less thanAVC, then each unit of output has a revenue below its variable cost. In turn, total revenue is less than total variable cost, so the firm's loss would equal the gap between its total revenue and its total variable cost plus its total fixed cost. If the firm instead shut down and produced nothing, it would have a zero total revenue, and it would buy no variable inputs and so have a zero total variable cost. So its loss would only equal its total fixed cost.
Ankle sprains usually involve the ligaments, muscles, tendons or bones in the area. ____________. The more you sprain your ankle, the greater the chanc...
There were several moments of pride __________ with the Assembly.
Ticks rank right up there with bats, snakes and spiders as creatures that _____________ fear and disgust at the mere mention of their name.
What the philosophers in question owe us is a ______________ explanation of how there can be a class of entities which do not behave like particulars.
Her biography ________ that she was not as rich as everyone thought.
(i) The Chief Minister is the leader of the party that commands a __________ in the House.
(ii) As neither party has won the __________, a coalit...
In each of the questions below, a sentence is given with two blanks that indicate that some parts are missing. Identify the correct pair of words that ...
When my mother makes a promise, she always ______ it.
Select the most appropriate option to fill in the blank.
The increasing concerns about climate change point to the need for enhanced efforts t...
Patoonda is a small village situated …….. the rocky barren land on the right bank of river Kali Sindh, a major …… of Chambal...
