Q. In short run, if a competitive firm incurs losses, it will - Study24x7
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3608 followers study24x7 21 Jan 2020 04:05 PM study24x7 study24x7

Q. 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 far advertising campaign

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