In the short-run, if the perfectly competitive firm is losing money and total variable costs exceed total revenue th
Posted: Sun Jun 05, 2022 4:57 pm
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
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