MCQOPTIONS
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| 1. |
Under perfect competition and short run , a firm would continue to produce provided |
| A. | It is able to recover its variable costs |
| B. | It is able to recover its total costs |
| C. | Its loss does not exceed a specified amount |
| D. | It is able to recover its fixed costs |
| Answer» B. It is able to recover its total costs | |