In the short run, the price at which a firm's total revenues equal its total costs is

A) a point of positive profits.
B) a no return price.
C) the short-run shutdown point.
D) the short-run break-even point.


D

Economics

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A loan covenant is a guarantee provided by the directors of a company that a term loan will be repaid by the maturity date.

a. true b. false

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If, in response to an increase in the price of pineapples, the quantity of pineapples demanded decreases, then economists would describe this as

A) an decrease in demand. B) a decrease in quantity demanded. C) a change in consumer income. D) a decrease in consumers' taste for pineapples.

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A municipal bond issued by the state of Colorado to construct a new toll highway is a __________ bond

A) revenue B) collateralized C) general obligation D) Treasury

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When investment banks buy or sell securities on their own account, it's called

A) financial engineering. B) proprietary trading. C) underwriting. D) factoring.

Economics