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Social Science Clinic => Economics => Microeconomics => Topic started by: luvbio on Oct 8, 2019

Title: Which of the following is not an option for a perfectly competitive firm that suffers short-run losses?
Post by: luvbio on Oct 8, 2019

Which of the following is not an option for a perfectly competitive firm that suffers short-run losses?

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reducing production

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raising price

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shutting down

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reducing the use of variable factors

Title: Which of the following is not an option for a perfectly competitive firm that suffers short-run losses?
Post by: nmyers on Oct 8, 2019

raising price

Title: Which of the following is not an option for a perfectly competitive firm that suffers short-run losses?
Post by: luvbio on Oct 8, 2019

Excellent

Title: Which of the following is not an option for a perfectly competitive firm that suffers short-run losses?
Post by: nmyers on Oct 8, 2019

Great! Please up vote :D