Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Whenever price is ______ average variable costs but is ______ average total costs, the firm can pay part, but not all, its fixed costs by producing.

Sagot :

Whenever price is exceed average variable costs but is less than average total costs, the firm can pay part, but not all, its fixed costs by producing.

What is price?

Price is the money paid for a service rendered or goods and services bought.

The price of a goods is determined by the number of goods or the type of an item.

Therefore, Whenever price is exceed average variable costs but is less than average total costs, the firm can pay part, but not all, its fixed costs by producing.

Learn more on price of goods here,

https://brainly.com/question/25638609

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.