A firm should always continue to operate at a loss in the short run if:

Related MCQs

• In the short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is
• If the monopolist incurs loss in the short run, then in the long run
• A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is
• If the monopolist incurs losses in the short run, then in the long run
• If an oligopolist incurs losses in the short run, then in the long run
• A profit-maximizing firm in the short run will expand output:
• The short-run supply curve of a firm in perfect competition is the segment of its:
• A firm may decide to shut down in the short run
• At the best, or optimum, short-run level of output, the firm will be
• The short-run supply curve of the perfectly competitive firm is given by