In the short-run, if the perfectly competitive firm is losing money and total variable costs exceed total revenue th

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answerhappygod
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In the short-run, if the perfectly competitive firm is losing money and total variable costs exceed total revenue th

Post by answerhappygod »

In the short-run, if the perfectly competitive
firm is losing money and total variable costs
exceed total revenue then the perfectly competitive firm
should:
continue to operate
shut-down
borrow more funds
expand operations
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