Chapter 11 - Market Structures: Perfect Competition and Monopoly

0.0(0)
studied byStudied by 0 people
0.0(0)
linked notesView linked note
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/1

flashcard set

Earn XP

Description and Tags

Last updated 4:49 PM on 4/5/22
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No analytics yet

Send a link to your students to track their progress

1 Terms

1
New cards
market price
When the ________ falls below the firm's minimum average variable cost, the price it obtains per unit does not cover its variable costs.