Economy, asked by asimroy23, 12 days ago

If AR ≤ AVC should the firm continue to produce? If not why?

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Answered by aakashmutum

A firm can keep producing, even if AR < ATC (average total costs) because they are making a contribution towards fixed costs which have been paid anyway.

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If AR ≤ AVC should the firm continue to produce? If not why? ​

Answers

If AR ≤ AVC should the firm continue to produce? If not why?