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Q: Why would a perfectly competitive firm shutdown in the short-run if prices is lower than average variable cost but will continue to produce if price is below average total cost but above variable cost?
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Is the decision to shutdown made in the short run or long run?

It is made in the short run


In the long run the firm will likely if it decides to keep the amount of output at its initial level?

Shutdown


Is the US Economy downfall going to be worse than 1929?

In general, the US economy is higher during election years. If Congress allows a shutdown, there will certainly be a repeat of the costs incurred in 2013. Right now, indications are that the economy is slowly improving.


Why are the American people letting ObamaCare ruin the economy?

ObamaCare is not ruining the economy. The government shutdown, the sequester, and the threat of defaulting on the debt by refusing to raise the debt ceiling are ruining the economy. Another answer: Obamacare is causing many problems. Businesses are closing down because they cannot afford it, people's hours are being cut back, and the thing is showing to be difficult to implement. 60% of the American people want nothing to do with this act. It was supposed to lower health costs, but in fact costs are rising dramatically. The government shutdown was not ruining anything .. We take in enough in taxes to pay our debt. The people that fought the good fight against him are to be appauded.


How can oil companies reduce their production times?

I am not sure what you are asking. Oil companies try to reduce their production down time. Is that your question? On a production platform, down time is reduced through routine maintenance. For example, if a pipeline is transporting oil with a high wax content, a "pig" or pipeline scapper may be put through the well to make sure there is no wax buildup. Alternatively, the pipeline may be insulated. Also, when a platform is shutdown for maintanence, there may be several repair or replacement jobs done, even ones that may not be necessary for years to come. Onshore, a well or gather center may be shutin for a short period to perform repairs. Offshore, any routine shut in of a platform is very well planned to minimize lost production. I hope this answers your question. If I have not understood your question, please resubmit it in a different form.

Related questions

Is the president paid during the government shutdown?

The president and all members of congress were paid during the shutdown, but their staff members were not. The military was exempt, since the president had signed an act that made sure the troops would continue to get paid.


Why is shutdown -1 not working on my PC?

Shutdown -1 is not a correct command for shutting down. Open a command line... Start >> Run... >> cmd >> ENTER Then type: shutdown /h (shutdown) shutdown /r (restart) shutdown /l (log off) shutdown /? (more info on shutdown)


Are essential employees paid during government shutdown?

During a government shutdown, essential employees are typically required to work without pay until the shutdown is resolved and they receive retroactive pay. Some essential employees may be granted temporary pay or be advanced their salary during a shutdown, but this can vary depending on the specific circumstances and funding availability. It is important to check with the employing agency or organization for detailed information.


When I shutdown my laptop it doesn't shutdown anyone can help?

Take out the battery and it will shutdown.


How do you stop cmd prompt shutdown?

to stop a cmd shutdown you type in "shutdown /a" (without quotes) shutdown /a is for windows vista and 7 if its windows xp u would use "shutdown -a" the function "/a" or "-a" means to abort a shutdown


How can find out a installed software when i click the shortcut icon on desktop if it is shows cannot find c column slash program files etc?

Hi Friends. This is Izhar Ahmad From Ramswaroop College Lko. If u want to Shutdown system, Type Shutdown -s -t 15 in Shortcut menu (For Window Xp, 7 & 8) S- Shutdown T- Continue R- Restart & 15 is shutdown Timing. You can change time. as your requirement


How do you shutdown a computer on the network and set timer and comment?

shutdown -m \\computername - Remote computer to shutdown/restart/abort shutdown -t xx - Set timeout for shutdown to xx seconds


What is a planned shutdown?

A shutdown that has been planned


Where can you find a list of LINUX shutdown commands shutdown -h shutdown -t 5?

Try the man pages. In a terminal type man shutdown


How to create shortcuts for Shutdown Restart option On which by clicking only we can Shutdown or Restart our system.?

right click > New > Shortcut then type the following line: to shutdown = shutdown -s to restart = shutdown -r


Why are all the manga sites being shutdown and we can't read manga online anymore?

Manga are beginning to be licensed by the publishing company. If the site were to continue, they can be sued.


Why was code bot shutdown?

It was shutdown because of scientology