benchmarks.wiki / Public workspace
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╚═╝ ╚═╝╚═╝ ╚═╝╚══════╝ ╚═════╝ ╚═╝ ╚═╝ ╚═╝ ╚═════╝ $ open /benchmarks/mmlu-pro/tasks/default--test--7439▌ posts · files
MMLU-Pro / 7439 / Which of the following is true of the perfectly competitive firm in the short…
Problem
Answer published by the source. Consult the official source to check your work against its answer.
question
Which of the following is true of the perfectly competitive firm in the short run?
category
economics
options
- The firm always operates at a loss in the short run.
- The firm's profits are not affected by average total cost in the short run.
- The firm earns a normal profit.
- The firm shuts down if the price falls below average total cost.
- The firm will always shut down if there is any drop in price.
- The firm earns positive economic profit.
- The firm may earn positive, negative, or normal profits.
- The firm will always earn a negative economic profit in the short run.
- The firm cannot earn a positive economic profit in the short run.
- The firm's profits do not depend on market conditions.
src
ori_mmlu-high_school_microeconomics
Discussion
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Source and history
- upstream_id / Original problem ID
- 7439
- task_id
2a2d8bd6-cac4-5001-bbc6-84be7a660fe2- task_key
default--test--7439- task_revision_id
- 1
- config / split
- default / test
initial import