35. In which case does the company need to stop production to minimize losses? 1. If TR >TC 2. If VC

Extracted text: 35. In which case does the company need to stop production to minimize losses? 1. If TR >TC 2. If VC
Extracted text: 32. If the company does not produce products, its fixed costs are... 1. Equal to gross 12. Equal to zero 3. Fewer variables 4. Equal to variables 33. The market of perfect competition is characterized by ... 1. The presence of a single buyer 2. Production of a differentiated product 3. The production of a homogeneous product 4. Presence of entrance barriers 34. Generally Accepted means of payment that is accepted in exchange for goods and services, as well as for the payment of debts - is... 1. Bank-bills 2. Deposits 3. Money 4. Certificates