Chapter 11 - Market Structures: Perfect Competition and Monopoly
0.0(0)
Studied by 0 people
View linked note
Talk with Kai (chat & voice learning)
Knowt Play
Learn
Practice Test
Spaced Repetition
Match
FlashcardsCard Sorting
1/1
Earn XP
Description and Tags
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
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.
Flashcards (30)