Why would a firm that incur choose to produce rather than to shut down?

Crabby Bob’s is a seafood restaurant in a beach resort in Delaware. Crabby Bob’s earns a profit each month from May through September, suffers losses in October, November, and April but remains open, and remains closed from December through March. Given that the restaurant market in this town is perfectly competitive, how would you explain Crabby Bob’s decisions?

Consider a firm with a short run Total Cost (TC) given by TC=900+15Q-8Q2+2Q3. What is the firm's marginal cost? What is firm's shut down price?

What are the advantages of scale in capitalist competition?

The intersection of the average variable cost curve and the marginal cost curve, which shows the price where the firm would lack enough revenue to cover its variable costs, is called the:   Shutdown point Equilibrium Profit Loss

What is the shutdown decision of the firm? How should a firm decide whether to continue business or shut down in the short run?

Sleek Sneakers Co. is one of many firms in the market for shoes. Show the effect that positive profits has on the demand curve faced by Sleek in the long run. Price Quantity Demand 中 Demand ?

Match the words from the list below to complete the following statement A price taker firm will maximise by changing output, until equals marginal cost. average cost output total revenue marginal revenue marginal cost profit

If a firm sells its output at a price greater than ATC, it will earn economic profit.   Is this true?

if the price is less than lowest average variable cost the firm will shut down