In short run, if a competitive firm incurs losses, it will: – McqOptions

MCQOPTIONS

1.	In short run, if a competitive firm incurs losses, it will:
A.	stop production
B.	continue to produce as long as it can cover its variable costs.
C.	raise price of its product
D.	go for advertising campaign
Answer» B. continue to produce as long as it can cover its variable costs.

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