If a firm is operating at loss in the short- period in perfect combination, it should :

Related MCQs

• Demand curve of a firm under perfect competition is :
• Under perfect competition, the industry does not have any excess capacity because each firm produces at the minimum point on its -
• The equilibrium of a firm under perfect competition will be determined when -
• The process of converting short term to long term debt by the sale of long term securities and using the funds raised to pay off short-term debt is called:
• In short run, if a competitive firm incurs losses, it will -
• Surplus earned by a factor other than land in the short period of referred to as-
• Over short period, when income rises, average propensity to consume usually -
• Buyers and Sellers will have perfect knowledge of market conditions under -
• Perfect competition means -
• One of the essential conditions of perfect competition is :