Practice mode Costs , Supply And Perfect Competition

When should a grocery store close at night?

Correct answer B. When the variable costs of staying open are greater than the total revenue from staying open

Explanation

Rent and other fixed costs are sunk for the night. Only the extra costs of opening, such as staff and lighting, matter, so the shop should close if they exceed the revenue earned.

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Answer checked 11 October 2026 How we write and check questions

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When should a grocery store close at night?

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When should a grocery store close at night?

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